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Income Tax - Highlights / Catch Notes

Home Highlights November 2020 Year 2020 This

Exemption u/s.54 - LTCG - the assessee has sold two residential ...

Income Tax

November 13, 2020

Exemption u/s.54 - LTCG - the assessee has sold two residential properties and re-invested in one residential property. Hence, entire conditions of Section 54 of the Act, both prior to amendment as well as subsequent to amendment, had been duly satisfied, which had been duly appreciated by the ld. CIT(A) - AT

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