LTCG - Claim of deduction u/s. 54F - Even before us at this ...

Assessee's Deduction Denied: Insufficient Evidence of Investment in New Residential Property u/s 54F of Income Tax Act.

August 5, 2020

Case Laws Income Tax AT

LTCG - Claim of deduction u/s. 54F - Even before us at this stage, the assessee has not produced any evidence to prove that she had invested in another residential house property. Claim of the assessee that she had invested in residential house property by way of payment through cheque to her spouse alone will not establish that she has actually acquired the residential house by complying with all the other provisions of the Act. - AT

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LTCG - Claim of deduction u/s. 54F - Even before us at this ...

Assessee's Deduction Denied: Insufficient Evidence of Investment in New Residential Property u/s 54F of Income Tax Act.

August 5, 2020

Case Laws Income Tax AT

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