Thursday, November 26, 2020

Investment in residential property outside India before AY 2015-16 was eligible for sec. 54F exemption

INCOME TAX : Requirement of investment in a residential house in India in order to claim exemption under section 54F(1) is applicable from assessment year 2015-16 only

from www.taxmann.com Latest Case Laws https://ift.tt/3l7DIdo

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...