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Income Tax - Highlights / Catch Notes

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LTCG - Deduction claimed u/s 54F - joint ownership of the ...

Income Tax

July 27, 2022

LTCG - Deduction claimed u/s 54F - joint ownership of the assessee - divergent views of the Courts are available as regards the meaning of the term ‘own’ - joint ownership of the assessee, in the present case, in 2 residential Flats on the date of transfer of original capital asset will not disentitled the assessee from claiming relief under section 54F. - AT

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