In a significant ruling, the Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) has held that tax benefit under section 54 of the Income Tax Act is available to the assessee for selling multiple flats to purchase a new one in India, within the stipulated time. Under section 54 of the Income […]
The post Tax Benefit allowable for Selling Multiple Flats to Buy New One: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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