Exemption Granted: Advance Payment for Residential Flat Recognized as Investment u/s 54F of Income Tax Act. https://www.taxtmi.com/highlights?id=18761 Claim of exemption u/s 54F - as per AO advance payment made for the purchase of residential flat has not been treated as investment/utilization of the capital gain in the purchase of a residential house - exemption allowed - AT en-us Tue, 03 Jun 2014 16:11:56 +0530 Tue, 03 Jun 2014 16:11:56 +0530 TaxTMI RSS Generator Exemption Granted: Advance Payment for Residential Flat Recognized as Investment u/s 54F of Income Tax Act. https://www.taxtmi.com/highlights?id=18761 Claim of exemption u/s 54F - as per AO advance payment made for the purchase of residential flat has not been treated as investment/utilization of the capital gain in the purchase of a residential house - exemption allowed - AT Highlights Income Tax Tue, 03 Jun 2014 16:11:56 +0530 https://www.taxtmi.com/highlights?id=18761