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Sec. 54F exemption allowed if new house purchased till due date of filing belated ITR

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  • Sec. 54F exemption allowed if new house purchased till due date of filing belated ITR
Posted onon November 4, 2019

Tenet Tax Daily October 29 2019

By tenettax-team
Corporate Tax

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Failure to prove sum deposited by assessee in bank was actually his salary withdrawn earlier – Additions justified
Merely having entries in books of account cannot make loan genuine – Financial capacity of lenders should be proved

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