Live Help
Get News Alerts from Taxmann.com on your desktop.
No Thanks Allow
You have blocked the notification on recent updates. Click below to re-subscribe.
No Thanks
You have already subscribed to Taxmann’s notification.
No Thanks UnSubscribe
Your Session Will Expire in   seconds.
If you do not wish to log-out, choose 'Let me continue'
Reset Session Cancel Session
 

No denial of sec. 54 relief if builder failed to complete construction within 3 years: HC

December 15, 2018[2019] 101 taxmann.com 114 (Karnataka)/[2019] 260 Taxman 317 (Karnataka)
601 Views

IT: Where AO rejected assessee's claim for deduction under sec. 54 on ground that construction of new property was not completed within a period of three years as prescribed in section 54, in view of fact that delay was beyond control of assessee because construction was put up by builder, impugned order passed by Tribunal allowing assessee's claim was to be upheld

IT: Accumulated balance lying in provident fund of assessee upto retirement is eligible for exemption under section 10(12)

read more

taxmann.com
Payment
Best view in 1140 x 768