The Jaipur bench of the Income Tax Appellate Tribunal ( ITAT) has held that the deduction under section 54B and 54F of the Income Tax Act is allowable when the sale in question is made under an unregistered deed where the payment was made in cash. The assessee have purchased land on 23rd September, 2009 […]
The post No Deduction since Sale was made in Cash under Unregistered Deed: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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