TMI BlogCapital Gain on Notional Basis: New Residential House Investment Qualifies for Full Deduction u/s 54F.When the capital gain is assessed on notional basis, whatever amount invested in new residential house within the prescribed period, under section 54F of Income-tax Act the entire amount invested, should get the benefit of deduction - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
|