TMI BlogSection 54G: Capital Gains Exemption Permitted for Machinery Purchase Post-Shift Despite Time Lag in Business Relocation.Disallowance made u/s.54G - assessee can purchase machinery even after shifting and commissioning of business from the new premises - there can be time lag between shifting of unit and receipt of capital gains - exemption allowed. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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