INCOME TAX : Where assessee had invested sale consideration on transfer of Capital Asset in purchasing a new residential property in name of his married widowed daughter, Assessing Officer to grant exemption under section 54F on such amount investedin his daughter's name
from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000198561/house-purchased-in-name-of-assessee’s-widow-daughter-is-eligible-for-sec-54f-exemption-itat.aspx
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