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AO is bound to Grant Relief u/s 54F If Assessee Omitted to Claim it in the Returns and Produces details during Proceedings: ITAT Raipur
In Amit Kumar Banzal v. ITO, the ITAT Raipur held that the benefit of Section 54F of the Income Tax Act can be given to the assessee if he omitted to...
![Investing in Multiple Flats will not deny the benefit of exemption from Long term Capital Gain Tax: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Madras-High-Court-Tax-Scan-1.jpg "Investing in Multiple Flats will not deny the benefit of exemption from Long term Capital Gain Tax: Madras HC [Read Judgment]")
Deduction u/s 54F cannot be denied on Ground that the Assessee Failed to get the Possession of the Property within the prescribed Time Limit: ITAT Mumbai [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal in recently ruled that the deduction under section 54F of the Income Tax Act, 1961 cannot be denied to the assessee for the reason that he failed...
