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Income Tax - Highlights / Catch Notes

Home Highlights August 2019 Year 2019 This

Exemption u/s 54F - delay by the builder - It was not the case ...

Income Tax

August 1, 2019

Exemption u/s 54F - delay by the builder - It was not the case of the AO that the assessee has not booked the flat with the builder or not not made the payment in time - assessee cannot be denied benefit of section 54F on account of delay by the builder or on account of the reason for delay in allotment/construction of the flat, which are not attributable to the assessee

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