The ITAT Ahmedabad Bench has held that capital gain exemption cannot be denied

 The ITAT Ahmedabad Bench has held that capital gain exemption cannot be denied

The ITAT Ahmedabad Bench has held that capital gain exemption cannot be denied on the ground of delay in the registration of new property for reasons beyond his control where the intention of the assessee all along was to invest in the new property well within the stipulated time period of two years, as specified under section 54F of the Act (ITA No.783/Ahd/2016)



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