Exemption u/s.54 - LTCG - the assessee has sold two residential ...
Assessee's Reinvestment in Single Property Meets Section 54 Conditions, Gains Approval from Tax Commissioner.
November 13, 2020
Case Laws Income Tax AT
Exemption u/s.54 - LTCG - the assessee has sold two residential properties and re-invested in one residential property. Hence, entire conditions of Section 54 of the Act, both prior to amendment as well as subsequent to amendment, had been duly satisfied, which had been duly appreciated by the ld. CIT(A) - AT
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