Exchange of residential flat - exemption from capital gains u/s ...

Residential Flat Exchange Qualifies as New Construction; Eligible for Capital Gains Tax Exemption u/s 54 of Income Tax Act.

May 22, 2012

Case Laws Income Tax AT

Exchange of residential flat - exemption from capital gains u/s 54 - . The acquisition of a new flat under a development agreement in exchange of the old flat amounts to construction of new flat. - AT

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Exchange of residential flat - exemption from capital gains u/s ...

Residential Flat Exchange Qualifies as New Construction; Eligible for Capital Gains Tax Exemption u/s 54 of Income Tax Act.

May 22, 2012

Case Laws Income Tax AT

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