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Sec. 54: Booking of unconstructed flat in housing project to be deemed as investment for construction of house

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  • Sec. 54: Booking of unconstructed flat in housing project to be deemed as investment for construction of house
Posted onon February 23, 2015

Tenet Tax Daily February 21 2015

By tenettax-team
Corporate Tax

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Losses under the head capital gains won’t be set-off and carry forward in case of amalgamation and demerger
Security deposit received from lessee isn’t deductible as ‘debt owed’ for computation of net wealth

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