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Income Tax - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

Eligibility for exemption u/s 54EC - The investment was made in ...


Assessee Denied Section 54EC Exemption Due to Investment Timing in FY 2006-07 Before Transfer Date.

January 14, 2014

Case Laws     Income Tax     AT

Eligibility for exemption u/s 54EC - The investment was made in the financial year 2006-07, i.e. before the date of transfer - The lower authorities have rightly found that the assessee is not entitled for exemption u/s 54EC of the Act - AT

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