The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the cost of investment in land is also part of the cost of construction of the residential house, for purpose of availing capital gain exemption under Section 54F of the Income Tax Act. The assessee, an individual, had sold 22 carat jewellery […]
The post Cost of Investment in Land is part of Cost of Construction of Residential House for availing Capital Gain Exemption: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
from Taxscan | Simplifying Tax Laws http://bit.ly/2WrN3oB
No comments:
Post a Comment