Section 54 Tax Relief: ITAT Says Delay in Property Registration Cannot Deny Exemption
ITAT rules that delay in property registration cannot deny Section 54 exemption if capital gains are reinvested on time. Major relief for homebuyers.
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ITAT rules that delay in property registration cannot deny Section 54 exemption if capital gains are reinvested on time. Major relief for homebuyers.
ITAT rules that owning multiple residential houses disqualifies Section 54F exemption. Strict interpretation of “one residential house” impacts capital gains tax planning.
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