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Income Tax - Highlights / Catch Notes

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Exemption u/s. 54 - denial of claim on the ground that the ...

Case Laws     Income Tax

July 18, 2022

Exemption u/s. 54 - denial of claim on the ground that the assessee has commenced the construction of the residential house property before the sale of long term capital asset - Date of completion of the construction should be within the period as specified U/s. 54 of the Act and the commencement of construction is not the criteria as mentioned in section 54 of the Act - AT

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