Deduction u/s 54EC – LTCG - Proviso to Section 54EC restricts ...

Taxpayers Can Double LTCG Deduction by Strategically Investing Rs 50 Lakhs in Bonds Over Two Financial Years, Per Section 54EC.

April 9, 2012

Case Laws Income Tax AT

Deduction u/s 54EC – LTCG - Proviso to Section 54EC restricts investment of more than Rs 50 lacs in a F.Y.. However, if assessee transfers his capital asset after 30th September of the F.Y. he gets an opportunity to make an investment of Rs. 50 lakhs each in two different F.Ys. - AT

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Deduction u/s 54EC – LTCG - Proviso to Section 54EC restricts ...

Taxpayers Can Double LTCG Deduction by Strategically Investing Rs 50 Lakhs in Bonds Over Two Financial Years, Per Section 54EC.

April 9, 2012

Case Laws Income Tax AT

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