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Income Tax - Highlights / Catch Notes

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When the capital gain is assessed on notional basis, whatever ...


Capital Gain on Notional Basis: New Residential House Investment Qualifies for Full Deduction u/s 54F.

October 26, 2013

Case Laws     Income Tax     HC

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

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