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No denial of Sec. 54F relief if taxpayer is unable to get possession of flat due to builder’s fault

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  • No denial of Sec. 54F relief if taxpayer is unable to get possession of flat due to builder’s fault
Posted onon November 4, 2016

tenet-tax-daily-august-19-2016

By tenettax-team
Corporate Tax

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Penalty levied for excess claim of unabsorbed depreciation u/s 115JB; ITAT denies theory of carry backward of losses
Exp. on replacement of tools held as revenue exp. in accordance with provisions of AS-2 and AS-10

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