Deduction u/s 54 - LTCG - purchase of new residential house - no ...

Income Tax

August 21, 2018

Deduction u/s 54 - LTCG - purchase of new residential house - no provision is made by the statue that the assessee should utilize the amount which he obtained by way of sale consideration for the purpose of meeting the cost of the new asset. - Deduction allowed.

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Deduction u/s 54 - LTCG - purchase of new residential house - no ...

Income Tax

August 21, 2018

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