Deduction u/s.54F - Receipt of 10 flats in lieu of Joint ...

Income Tax

November 23, 2020

Deduction u/s.54F - Receipt of 10 flats in lieu of Joint development agreement (JDA) of land - assessee did not offer any long term capital gain (LTCG) on entering into joint venture agreement in respect of property - once ecemption u/s 54F is allowed, no capital gain that would remain which is chargeable to tax in the hands of the assessee. - AT

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Deduction u/s.54F - Receipt of 10 flats in lieu of Joint ...

Income Tax

November 23, 2020

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