The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that there is no need to invest the sale proceedings in the specified Government schemes when the assessee has purchased the new property within three years of the sale of the old asset. The Assessing Officer, during the proceedings, found that the assessee […]
The post Sale Proceedings need not be Invested in Specified Govt Scheme New Property is purchased within Three Years: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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