Deduction u/s 54EC - Investment in two years - it is apparent ...

Section 54EC Investment Cap: Rs. 50,00,000 per Year, Cumulative Exemption Not Limited for Taxpayers.

November 12, 2013

Case Laws Income Tax AT

Deduction u/s 54EC - Investment in two years - it is apparent that the Government only intended to restrict the investment in a particular financial year and accordingly has fixed the limit of Rs. 50,00,000/- as permissible limit in a particular financial year. The Government did not intend to restrict the maximum amount of exemption permissible under Section 54EC - AT

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Deduction u/s 54EC - Investment in two years - it is apparent ...

Section 54EC Investment Cap: Rs. 50,00,000 per Year, Cumulative Exemption Not Limited for Taxpayers.

November 12, 2013

Case Laws Income Tax AT

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