The Income Tax Act provides exemption from tax on long term capital gains , under section 54 or 54F ,in case the capital gains ( in case of sec. 54) or net sale consideration ( in case of 54F) is utilized for buying a residential house either one year before the date of transfer of…
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Section 54 & 54F :Filing Late Return For Extending Period of Investment !
February 13, 2012 by taxworry
Filed Under: Exemption Tagged With: (2009), 54, 54f+belated, agarwal, and, as, claim, dtr, Exemption, filed, jagriti, Karnataka, per, Return, Section, vs
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