Relief from capital gains tax if the sale proceeds of capital asset u/s 54, 54B and 54D of the Income-tax Act, 1961.

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..... 050/CBDT Dated : March 25, 1977 Section(s) Referred: 54 ,54B ,54D Statute: Income - Tax Act, 1961 Section 54, 54B and 54D of the Income-tax Act, 1961 provide for relief from capital gains tax if t .....

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..... another capital asset within the specified period. 2. The decision whether to invest or not to invest the sale proceeds of the capital asset in the purchase of another asset is to be taken by the ta .....

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