Exemption u/s 54F - capital gains earned by the assessee during ...
High Court Upholds Tribunal's Decision Granting Section 54F Exemption Despite Missed Deposit Deadline for Capital Gains Account.
July 27, 2020
Case Laws Income Tax HC
Exemption u/s 54F - capital gains earned by the assessee during the previous year - Whether tribunal was right and justified in granting exemption u/s 54F when the unutilised portion of the sale proceeds were not deposited in the capital gains account scheme before the due date for filing of return u/s 139(1)? - Held Yes - HC
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