Tuesday, 5 January 2016

No denial of sec. 54F relief just because part of investment was made out of housing loan

IT : Where assessee had fulfilled all conditions of investment of equivalent amount of capital gain in purchase of residential house qualifying for relief under section 54F, she would be entitled to exemption under section 54F for total investment irrespective of fact that part of such investment came from borrowed money

No comments:

Post a Comment