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Income Tax - Highlights / Catch Notes

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Exemption u/s.54F - for all practical purpose, the vacant site ...

Income Tax

May 20, 2020

Exemption u/s.54F - for all practical purpose, the vacant site adjacent to the existing building which was purchased by the assessee through the second sale deed also has to be construed as land appurtenant to the residential house. Hence the assessee is eligible for exemption u/s.54

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