Deduction u/s 54F - amount not deposited within time limit u/s. ...

Court Rules Taxpayer Entitled to Deduction u/s 54F Despite Late Deposit, New Property Bought in Time.

July 23, 2019

Case Laws Income Tax AT

Deduction u/s 54F - amount not deposited within time limit u/s. 139(1) but purchase flat before the extended time of filing of return u/s. 139(4) - assessee is entitled deduction for utilization of sale consideration for investment in new residential property within due date as stipulated u/s 139 which cannot be meant only section 139(1) - deduction allowable

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Deduction u/s 54F - amount not deposited within time limit u/s. ...

Court Rules Taxpayer Entitled to Deduction u/s 54F Despite Late Deposit, New Property Bought in Time.

July 23, 2019

Case Laws Income Tax AT

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