Deduction u/s 54F - there is nothing to bar benefits of ...

Income Tax

January 12, 2013

Deduction u/s 54F - there is nothing to bar benefits of exemption u/s 54F in respect of the capital gains relatable to the FVC as per the deemed fiction u/s 50C. - Clause (a) of section 54F(1) specifies that if the cost of the new asset is not less than the net consideration in respect of the original asset, there is no chargeable capital gains u/s 45. - AT

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Deduction u/s 54F - there is nothing to bar benefits of ...

Income Tax

January 12, 2013

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