Saturday, January 10, 2015

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



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

January 10, 2015[2014] 52 taxmann.com 527 (Mumbai - Trib.)/[2014] 35 ITR(T) 205 (Mumbai - Trib.)
IT : Booking of a flat which is going to be constructed by a builder has to be considered as a case of 'construction of flat' and not purchase of flat for purpose of section 54
 
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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