Disallowance of deduction u/s 54F - assessee has converted his ...

Case Laws Income Tax

April 15, 2022

Disallowance of deduction u/s 54F - assessee has converted his capital asset into stockin- trade and accrued capital gains which he invested in construction of residential unit and claimed exemption under section 54F - the deduction u/s 54F of the Act claimed by assessee is allowable and therefore, we do not find any infirmity in the order passed passed by ld CIT(A). - AT

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Disallowance of deduction u/s 54F - assessee has converted his ...

Case Laws Income Tax

April 15, 2022

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