Additions u/s 50C - Once, the assessee has invested the entire ...

Tax Deduction Benefits for Property Sale: Invest in Agricultural Land & New Home u/ss 54B & 54F, Avoid Extra Tax.

June 22, 2018

Case Laws Income Tax AT

Additions u/s 50C - Once, the assessee has invested the entire actual sale consideration for purchase of agricultural land eligible for deduction U/s 54B as well purchase of new residential house eligible for deduction Under section 54F of the Act then, no addition is justified based on the deemed full value consideration as per the provisions of Section 50C of the Act.

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Additions u/s 50C - Once, the assessee has invested the entire ...

Tax Deduction Benefits for Property Sale: Invest in Agricultural Land & New Home u/ss 54B & 54F, Avoid Extra Tax.

June 22, 2018

Case Laws Income Tax AT

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