Tuesday, February 4, 2020

Capital Gain Deduction allowable for House purchased Outside India: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT) of Bangalore has allowed a claim of deduction under section 54/54F of the Income Tax Act on a house purchased by the assessee outside India. The Assessee Shri Rajasugumar Subramani is an individual who sold a site in Bangalore for a consideration of 2 crores. The assessee claimed deduction u/s. […]

The post Capital Gain Deduction allowable for House purchased Outside India: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



from Taxscan | Simplifying Tax Laws https://ift.tt/31xEKaf

No comments:

Post a Comment