Friday, January 17, 2020

Capital Gain Deduction allowed for DDA allotted Flats: Delhi HC

The Delhi High Court has held that CBDT in its circulars No. 672 dated 16.12.1993 has made it clear that the acquisition of flat through allotment by DDA has to be treated as construction of flat and deduction capital gains under Section 54 of the Act is allowed. The ruling was made by a division […]

The post Capital Gain Deduction allowed for DDA allotted Flats: Delhi HC appeared first on Taxscan | Simplifying Tax Laws.



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