Case Law Details
Case Name : Reji Easow Vs Income Tax Officer (ITAT Mumbai)
Related Assessment Year : 2015-16
Courts :
All ITAT ITAT Mumbai
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Reji Easow Vs Income Tax Officer (ITAT Mumbai)
ITAT Mumbai held that for claiming exemption under section 54 Date on which possession is by the Assessee should be taken as the date of purchase and further section only require Assessee to purchase/Construct a residential house within the specified period and source of funds is quite irrelevant.
Date on which possession is by the Assessee ) should be taken as the date of purchase. The requirement of the Section 54 is that the Assessee should purchase a residential house within the specified period and source of funds is quite irrelevant. Nowhe...
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No ONE_TO_ONE Matching for SEC 54F; Is this not an already settled proposition!?
READ >https://taxguru.in/income-tax/sec-54f-brain-teaser.html
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