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Exemption u/s 54 F

Income Tax - Started By: - SANDEEP TANWAR - Dated:- 15-8-2016 Last Replied Date:- 16-8-2016 - Dear Friends Assessee has LTCG on Residential Plot now if he invests in Residential house property i.e purchasing a plot and then constructing on it.and als .....

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he Reply = FYI. 54F. (1) Subject to the provisions of sub-section (4), where, in the case of an assessee being an individual or a Hindu undivided family, the capital gain arises from the transfer of any long-term capital asset, not being a residentia .....

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