Tuesday, February 18, 2020

ITAT allowed section 54 deduction claimed first time during assessment proceedings

INCOME TAX : Merely where in return of income assessee did not offer capital gain on receipt of new residential flat against surrender of old flat but claimed deduction only during assessment that too under wrong section 54F, same would not disentitle him from availing deduction under section 54

from www.taxmann.com Latest Case Laws https://ift.tt/38E2hsG
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