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Income Tax - Highlights / Catch Notes

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Exemption u/sec. 54F - net consideration computation to be ...

Income Tax

August 31, 2016

Exemption u/sec. 54F - net consideration computation to be invested or value fixed u/s 50C as stamp valuation - Under provisions of Sec. 54F of the Act, net consideration has to be invested in the Residential property but not the deeming value being fiction. - AT

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