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In case assessee purchases multiple residential units in same building Sec. 54 exemption is available
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Corporate Tax
In case assessee purchases multiple residential units in same building Sec. 54 exemption is available
Posted on
on
December 27, 2019
Tenet Tax Daily December 20 2019
By
tenettax-team
Corporate Tax
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In case there are many transactions of share sale and purchase, the Profits can be held as business income and not Capital gains
In case assessee purchases new house after the due date prescribed u/s 139(1) Sec. 54 exemption will not be available