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Archive: 02 April 1990

Posts in 02 April 1990

Webinar on Critical Issues in Faceless Assessments under Income Tax Act, 1961

February 14, 2025 3435 Views 0 comment Print

Join our webinar on Faceless Tax Assessments under the Income Tax Act, 1961. Learn concepts, challenges, and solutions from expert CA Hari Agarwal, FCA.

Can assessee claim exemption U/s. 54 for acquisition of more than one house?

April 2, 1990 4110 Views 0 comment Print

The petitioner is in the service of the Bank of Baroda. He purchased a flat in Suvarnadeep Co-operative Housing Society Limited (for short “Surnadeep”), Santacruz, Bombay, on March 21, 1973, for a sum of Rs. 49,140 for the purpose of his residence. He was residing in that flat On October 24, 1979, he sold the flat for Rs. 1,25,000

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