Budget 2023-24: Limiting the roll over benefit claimed under section 54 and section 54F

Last updated: 01 February 2023

The existing provisions of section 54 and section 54F of the Income-tax, 1961 (the Act) allows deduction on the Capital gains arising from the transfer of long-term capital asset if an assessee, within a period of one year before or two years after the date on which the transfer took place purchased

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Category Union Budget   Report

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