Utilization of capital gains within time specified would entitle assessee to claim of deduction under section 54 even if sale deed is not executed
The common issue in various cases in capital gain exemption U/s 54 or 54F is whether ...
Read More
Posts tagged "no sale deed"
Capital gain exemption if Sale deed not done within 2 years: Beneficial provisions must be liberal to accommodate rules laid down broadly to verify compliance and must not be interpreted literally.
Capital gain exemption if Sale deed not done within 2 years: Beneficial provisions must be liberal to accommodate rules laid down broadly to verify compliance and must not be interpreted literally.
The common issue in various cases in capital gain ...
Read More
Amounts paid within the period of three years but sale deed not executed: Taxpayer eligible for capital gain exemption U/s 54
Amounts paid within the period of three years but sale deed not executed: Taxpayer eligible for capital gain exemption U/s 54
consenting witness to said sale deed who has made payment for and behalf of assessee and stamp duty also ...
Read More