Benefit of exemption u/s 54B - investment on agricultural land ...

Section 54B Tax Exemption Denied for Investments in Spouse's Name; Must Be in Assessee's Name Only.

January 8, 2020

Case Laws Income Tax AT

Benefit of exemption u/s 54B - investment on agricultural land made in the name of spouse of the assessee - In view of the clear provisions, investment made by any other person particularly the spouse of the assessee, cannot be entitled for deduction u/s 54B.

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Benefit of exemption u/s 54B - investment on agricultural land ...

Section 54B Tax Exemption Denied for Investments in Spouse's Name; Must Be in Assessee's Name Only.

January 8, 2020

Case Laws Income Tax AT

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