Deduction u/s 54 - whether advance payment made by the assessee ...

Advance Payment for Residential Flat Purchase Qualifies for Deduction Under Income Tax Act Section 54, Rules High Court.

September 11, 2020

Case Laws Income Tax HC

Deduction u/s 54 - whether advance payment made by the assessee for the purchase of a residential flat would constitute a part of purchase or not, when such advance is made to the seller of flat prior to the date of sale of capital asset in question? - Held Yes - HC

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Deduction u/s 54 - whether advance payment made by the assessee ...

Advance Payment for Residential Flat Purchase Qualifies for Deduction Under Income Tax Act Section 54, Rules High Court.

September 11, 2020

Case Laws Income Tax HC

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