Tuesday, April 16, 2019

ITAT allowed sec. 54F relief on purchase of two flats in same building

IT: Where investment in purchase of a residential house was made within stipulated period, belated construction or possession would not be a ground to deny claim of exemption

from www.taxmann.com Latest Case Laws http://bit.ly/2IyF15n

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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...