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Income Tax - Highlights / Catch Notes

Home Highlights June 2011 Year 2011 This

IT Capital Gains Exemption u/s 54, residential house, ...


Court Rules Four Flats Qualify as "A Residential House" for Capital Gains Exemption Under Income Tax Section 54.

June 24, 2011

Case Laws     Income Tax     HC

IT Capital Gains Exemption u/s 54, residential house, Construction of four flats, It has to be construed only as ‘a residential house’, exemption allowed

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