Deduction u/s 54, 54F & 54EC - capital gains arising out of a ...
Income Tax
June 19, 2019
Deduction u/s 54, 54F & 54EC - capital gains arising out of a single transaction of sale of immovable property - there is no such bar that both the deductions, u/s 54 and 54F cannot be given on the sale of same property, only condition is investment in new property, a fact on which there is no dispute - similarly deduction u/s 54EC is also eligible on the balance investment in bond
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