Deduction u/s 54 - Date of transfer - Thus the date of agreement ...
Court Rules Agreement Date Not Property Transfer Date for Section 54 Tax Deductions; Affects Deduction Calculations.
February 7, 2013
Case Laws Income Tax HC
Deduction u/s 54 - Date of transfer - Thus the date of agreement to sell can not be treated as date of transfer of immovable property. - With the execution of the agreement, it cannot be said that the appellant transferred any right in favour of the purchaser - HC
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