The Income Tax Appellate Tribunal ( ITAT ), Bengaluru bench has held that the benefit of Section 54F of the Income Tax Act is not available in respect of the purchase of land after the period of one year of the sale of the old capital asset. The assessee claimed deduction under section 54F of […]
The post S. 54F Benefit not allowable for Purchase of Land after One Year of Sale of Old Asset: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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