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Income Tax - Highlights / Catch Notes

Home Highlights May 2020 Year 2020 This

Exemption u/s.54F - for all practical purpose, the vacant site ...

Case Laws     Income Tax

May 20, 2020

Exemption u/s.54F - for all practical purpose, the vacant site adjacent to the existing building which was purchased by the assessee through the second sale deed also has to be construed as land appurtenant to the residential house. Hence the assessee is eligible for exemption u/s.54

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