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Income Tax - Highlights / Catch Notes

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

Income Tax

May 21, 2016

When the capital gain is assessed on notional basis, whatever amount is invested in the new residential house within the prescribed period u/s 54, the entire amount invested, should get benefit of deduction irrespective of the fact that the funds from other sources are utilised for new residential house - AT

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