Exemption u/s 54 – LTCG - Nature of Property sold is housing ...
Exemption Granted: Section 54 Long-Term Capital Gains for Housing Property, Not Agricultural Land, Based on Door Number Assignment.
June 28, 2014
Case Laws Income Tax AT
Exemption u/s 54 – LTCG - Nature of Property sold is housing property or agricultural land - once a door number is allotted to the premises, this itself makes it clear that it is not an agricultural property - exemption allowed - AT
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