Thursday, June 25, 2020

Date of taking possession flat to be taken as date of purchase to allow benefit of section 54F

INCOME TAX: Where possession of flat was within period of two years from transfer of original asset, assessee was entitled for benefit of section 54F

from www.taxmann.com Latest Case Laws https://ift.tt/31n41FU
-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

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...