The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that the capital gain deduction benefit is restricted to only one residential property under section 54F of the Income Tax Act, 1961 after its amendment in the year 2015. The deceased assessee was represented by her legal heir. During the relevant year, the […]
from Taxscan | Simplifying Tax Laws https://ift.tt/3g3tkSb
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