Disallowance of claim u/s 54F - assessee did not purchase new ...
Taxpayer Denied Section 54F Deduction for Missing Deadline to Purchase New Home After Asset Transfer. Renovation Not Accepted.
June 5, 2019
Case Laws Income Tax AT
Disallowance of claim u/s 54F - assessee did not purchase new house within the stipulated time of one year prior to the date of transfer of original asset - renovation to old house which was purchased before the date of transfer of original asset will not entitle the assessee to claim deduction u/s 54F
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