Case Law Details
Case Name : ITO Vs Smt. Rosamma Korah (ITAT Cochin)
Related Assessment Year : 2005- 06
Courts :
All ITAT ITAT Cochin
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CA Sandeep Kanoi
A bare reading of section 54F clearly shows that the assessee is entitled for exemption in case he / she constructs a residential house within a period of three years after the sale of the capital asset. However, sub clause (4) of section 54F clearly says that the unutilized portion of the net sale consideration which is otherwise liable for capital gain tax shall be deposited in the Please become a Premium member. If you are already a Premium member, login here to access the full content.
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so good information kindly siubribe