Section 54B Tax Exemption Denied for Investments in Spouse's Name; Must Be in Assessee's Name Only.

Section 54B Tax Exemption Denied for Investments in Spouse's Name; Must Be in Assessee's Name Only. https://www.taxtmi.com/highlights?id=51101 Benefit of exemption u/s 54B - investment on agricultural land made in the name of spouse of the assessee - In view of the clear provisions, investment made by any other person particularly the spouse of the assessee, cannot be entitled for deduction u/s 54B. en-us Wed, 08 Jan 2020 09:59:48 +0530 Wed, 08 Jan 2020 09:59:48 +0530 TaxTMI RSS Generator Section 54B Tax Exemption Denied for Investments in Spouse's Name; Must Be in Assessee's Name Only. https://www.taxtmi.com/highlights?id=51101 Benefit of exemption u/s 54B - investment on agricultural land made in the name of spouse of the assessee - In view of the clear provisions, investment made by any other person particularly the spouse of the assessee, cannot be entitled for deduction u/s 54B. Highlights Income Tax Wed, 08 Jan 2020 09:59:48 +0530 https://www.taxtmi.com/highlights?id=51101