whether section 54F exemption is not available in case section 112(1) not exercised of Income Tax Act,1961
2 Replies
CA Ayush Agarwal
(Kolkata-Pune-Mumbai)
(27186 Points)
Replied 15 September 2010
no......
This is Exempted Income
RAHUL GAMBHIR
(CA FINAL )
(130 Points)
Replied 16 September 2010
what should be the procedure of accounting of builders firms i.e. treatment of interest on housing loan, rent received from premises
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