Case Law Details
Case Name : I.T.O. Vs Shri Roop Narayan Sharma (ITAT Jaipur)
Related Assessment Year : 2007-08
Courts :
All ITAT ITAT Jaipur
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
I.T.O. Vs Shri Roop Narayan Sharma (ITAT Jaipur)
Conclusion: Deduction U/s 54F was available to assessee in respect of full value of consideration received and not on the value taken by the Sub-Registrar for the purposes of stamp duty.
Held: Assessee had sold agricultural land and invested for purchase of residential house. He claimed exemption U/s 54F in respect of actual amount of sale consideration received by him and not on the amount adopted for stamp duty purposes. However, AO a
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.