Tuesday, October 16, 2018

Sec. 54 relief allowable if new house was purchased within one year prior to date of agreement to sell: ITAT

IT: Where assessee had purchased a new residential property within one year prior to date of execution of agreement to sell residential property owned by him, assessee's claim for deduction under section 54 was to be allowed

from www.taxmann.com Latest Case Laws https://ift.tt/2IYrsKN

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...