TMI BlogExemption u/s 54EC - LTCG - applicability of deeming fiction application u/s 50C - the sale...Exemption u/s 54EC - LTCG - applicability of deeming fiction application u/s 50C - the sale consideration deemed to have been received by the Assessee may be much higher than one declared in the sale deed, the Assessee would claim no further capital gain tax liability by simply claiming to have made investment in specified asset the full declared sale consideration. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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