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Income Tax - Highlights / Catch Notes

Home Highlights January 2013 Year 2013 This

Exemption under section 54F - it is sufficient for the assessee ...

Income Tax

January 14, 2013

Exemption under section 54F - it is sufficient for the assessee to utilize the capital gains for the purchase of a flat before the extended due date under section 139(4) - AT

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  9. Eligibility for exemption u/s 54F allowed even though the capital gain was invested in multiple residential units. - AT

  10. Exemption u/s 54F - belated filing of return - extended period u/s 139(4) has to be considered for the purpose of utilization of the capital gain amount - AT

 

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