ITAT allows Capital Gain Exemption for purchase of Agricultural Land in Son’s Name [Read Order]

The Pune bench of the Income Tax Appellate Tribunal (ITAT) has held that the capital gain exemption can be allowed under section 54B of the Income Tax Act for the purchase of agricultural land in the name of son. The question before the Tribunal was that whether exemption under section 54B can be allowed even […]

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