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Income Tax - Highlights / Catch Notes

Home Highlights July 2020 Year 2020 This

Exemption u/s 54F - capital gains earned by the assessee during ...

Case Laws     Income Tax

July 27, 2020

Exemption u/s 54F - capital gains earned by the assessee during the previous year - Whether tribunal was right and justified in granting exemption u/s 54F when the unutilised portion of the sale proceeds were not deposited in the capital gains account scheme before the due date for filing of return u/s 139(1)? - Held Yes - HC

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