Monday, April 15, 2019

ITAT allowed sec. 54F exemption on purchase of plot and making an advance to builder for construction thereon

IT: Deeming fiction provided under section 50C in respect of term 'full value of consideration' is to be applied only to section 48, however, provisions of said section cannot be applied while computing deduction allowable to assessee under section 54F

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

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