Sec. 54 relief was available if capital gain was invested up to scheduled date of filing of revised ITR: ITAT

IT: Assessee would be entitled to claim exemption under section 54 to extent of having invested capital gain on sale of old residential flat towards purchase of new residential property up to date of filing of his revised return of income under section 139(5)

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