Friday, August 23, 2019

Land purchased prior to date of transfer of agricultural land not eligible for sec. 54B exemption: ITAT

INCOME TAX : Where assessee had purchased a land prior to date of transfer of his agricultural land, Commissioner was justified in disallowing exemption under section 54B

from www.taxmann.com Latest Case Laws https://ift.tt/2Zm1mMq

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...