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Income Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

Claim for deduction u/s.54F - Exemption from long term capital ...


Section 54F of Income Tax Act: Liberal Application of Exemptions on Long-Term Capital Gains for Taxpayer Relief.

May 26, 2016

Case Laws     Income Tax     AT

Claim for deduction u/s.54F - Exemption from long term capital gain (LTCG) - The provisions of Sec. 54F are beneficial provisions and are to be considered liberally in the aspect of limitation period. - AT

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