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Income Tax - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

LTCG - Deduction u/s 54F - Merely because the sale deed had not ...


Assessee can claim Section 54F relief on long-term capital gains without executed sale deed or completed construction.

September 23, 2019

Case Laws     Income Tax     AT

LTCG - Deduction u/s 54F - Merely because the sale deed had not been executed or that construction is not complete and it is not in a fit condition to be occupied does not disentitle the assessee to claim section 54F relief

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