Exemption u/s 54B - assessee claimed to have purchased land ...

Exemption Claim Denied: Unregistered Agreement and Cash Payment Fail to Secure Section 54B Deduction for Assessee.

July 29, 2019

Case Laws Income Tax AT

Exemption u/s 54B - assessee claimed to have purchased land through an agreement to sale which is unregistered and the payment in cash - when there is no subsequent sale deed, then the unregistered agreement which has managed only a day before the expiry of the period, will not transfer any title to the assessee of the agricultural land - no deduction

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Exemption u/s 54B - assessee claimed to have purchased land ...

Exemption Claim Denied: Unregistered Agreement and Cash Payment Fail to Secure Section 54B Deduction for Assessee.

July 29, 2019

Case Laws Income Tax AT

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