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Exemption u/s 54F - Once it is demonstrated that the consideration received on transfer has been invested either in purchasing a residential house or in construction of a residential house even though the transactions are not complete in all respects and as requited under the law, that would not disentitle the assessee from the said benefit - HC

Income Tax - Exemption u/s 54F - Once it is demonstrated that the consideration received on transfer has been invested e .....

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