CIT v.GurnamSingh2010(P&H)
Assessee claimed exemption u/s54B of AgriculturalLand purchased by him along with his son out of sale proceeds of agricultural land.Son was co-owner.
Revenue objected:land is regd in his son's name.
Decision: No contrary to provision of law&hence assessee is entitled to exemptn u/s54B
Assessee claimed exemption u/s54B of AgriculturalLand purchased by him along with his son out of sale proceeds of agricultural land.Son was co-owner.
Revenue objected:land is regd in his son's name.
Decision: No contrary to provision of law&hence assessee is entitled to exemptn u/s54B
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