Draftsman dividing a house

CA Nikita , Last updated: 21 August 2007  
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Two issues come up routinely for debate in the context of housing-related tax benefits. Section 54 of the Income-Tax Act, 1961 spareslong-term capital gains from transfer of a residential house fromtax if at least such gains are ploughed back or rolled over into aresidential house within the prescri

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CA Nikita
(Chartered Accountant)
Category Income Tax   Report

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