Tuesday, February 12, 2019

No sec. 54F relief on cost of land of newly constructed house if it was purchased 1 year before sale of capital asset

IT : Assessee is not entitled to benefit of section 54F in respect of investment made by assessee in purchasing capital asset (land) before period of one year prior to sale of another capital asset

from www.taxmann.com Latest Case Laws http://bit.ly/2N2ArMT
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