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Section 54f
I sale a commercial property, and timely invest, in co-owner property
means this property are me and my bro. & Boath are 50% owner.
I have purchased 50% holding in my bro. than
this amount is consider as investment as per sec. 54F
Replies (4)
Any Case law ...???
commercial property? what kind of commercial property and the income from such commercial property was shown under which head in earlier year returns?
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