LTCG - eligibility or claim of exemption of u/s. 54F - As per AO ...
Eligibility for Exemption on Long-Term Capital Gains Confirmed: Investment in New Home Qualifies u/s 54F.
December 23, 2023
Case Laws Income Tax AT
LTCG - eligibility or claim of exemption of u/s. 54F - As per AO new asset cannot be considered as acquired within 02 years of transfer of original asset - Since the assessee has invested the entire sale proceeds for the purchase of new house within three months of sale of the old house, the assessee is eligible for claim of exemption of u/s. 54F. - AT
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