Monday, October 5, 2020

Sec. 54 exemption couldn't be denied even if advance for new residential flat was paid before sale of original asset

INCOME TAX: Where advance was paid by assessee to purchase residential flat prior to sale of capital asset, such advance was to be considered as part of purchase for purpose of section 54

from www.taxmann.com Latest Case Laws https://ift.tt/2GzkE9k
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