Assessee Denied Deduction u/s 54; Shifting Assessment Year Undermines Intent of Capital Gains Relief.

Assessee Denied Deduction u/s 54; Shifting Assessment Year Undermines Intent of Capital Gains Relief. https://www.taxtmi.com/highlights?id=43227 Capital gain computation - the assessee is not eligible for deduction u/s 54 and shifting of the assessment year for making the addition on this account would not achieve any purpose rather it will defeat the purpose of provisions of section 54 en-us Tue, 11 Dec 2018 08:08:39 +0530 Tue, 11 Dec 2018 08:08:39 +0530 TaxTMI RSS Generator Assessee Denied Deduction u/s 54; Shifting Assessment Year Undermines Intent of Capital Gains Relief. https://www.taxtmi.com/highlights?id=43227 Capital gain computation - the assessee is not eligible for deduction u/s 54 and shifting of the assessment year for making the addition on this account would not achieve any purpose rather it will defeat the purpose of provisions of section 54 Highlights Income Tax Tue, 11 Dec 2018 08:08:39 +0530 https://www.taxtmi.com/highlights?id=43227