Deduction u/s 54 - belated filing of return - amount of capital ...

Case Laws Income Tax

January 31, 2022

Deduction u/s 54 - belated filing of return - amount of capital gain invested for new asset purchased or construction of new asset - It is clear that the deduction under section 54F of the Act can be claimed to the extent of amount of capital gain utilized till the filing of the return under Section 139(4) of the Act. - AT

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Deduction u/s 54 - belated filing of return - amount of capital ...

Case Laws Income Tax

January 31, 2022

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