Taxpayer Denied Exemption u/s 54F(4) for Failing to Utilize Capital Gains for New House or Deposit.

Taxpayer Denied Exemption u/s 54F(4) for Failing to Utilize Capital Gains for New House or Deposit. https://www.taxtmi.com/highlights?id=31023 Eligibility of exemption u/s 54F(4) - the entire amount which was subject to capital gain tax had not been utilized for the purpose of construction of new house nor were the unutilized amounts deposited in the notified Bank Accounts - No exemption - HC en-us Fri, 02 Sep 2016 12:28:31 +0530 Fri, 02 Sep 2016 12:28:31 +0530 TaxTMI RSS Generator Taxpayer Denied Exemption u/s 54F(4) for Failing to Utilize Capital Gains for New House or Deposit. https://www.taxtmi.com/highlights?id=31023 Eligibility of exemption u/s 54F(4) - the entire amount which was subject to capital gain tax had not been utilized for the purpose of construction of new house nor were the unutilized amounts deposited in the notified Bank Accounts - No exemption - HC Highlights Income Tax Fri, 02 Sep 2016 12:28:31 +0530 https://www.taxtmi.com/highlights?id=31023