Validity of invoking provisions of Section 50C – investment in ...

Section 50C Not Applicable When Full Property Sale Proceeds Reinvested in Bonds u/s 54EC, Reducing Tax Liability.

February 9, 2012

Case Laws Income Tax AT

Validity of invoking provisions of Section 50C – investment in bonds in view of provisions of section 54EC - entire amount of sale consideration has been invested in Bonds therefore, provisions of section 50C cannot be invoked.... - AT

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Validity of invoking provisions of Section 50C – investment in ...

Section 50C Not Applicable When Full Property Sale Proceeds Reinvested in Bonds u/s 54EC, Reducing Tax Liability.

February 9, 2012

Case Laws Income Tax AT

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