Capital Gain Exemption available for Multiple Flats obtained under JDA: ITAT [Read Order]

The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that the capital gain exemption under section 54F of the Income Tax Act, 1961 is available to multiple flats obtained by the assessee under a joint development agreement (JDA). The assessee entered into a Joint Development Agreement with M/s. OCEANUS DWELLINGS (PVT) LTD., […]
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