Sec 54EC - A smart way to save capital gains tax

MOHAMMAD SALIM , Last updated: 20 June 2018  
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Section 54EC of Income Tax Act, 1961 provides that Capital Gain arising from the transfer of long-term capital asset being land or building or both shall not be charged to tax in case the amount of capital gain is invested in Capital Gain Bonds. This Section has been amended recently by Finance Act,

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Published by

MOHAMMAD SALIM
(Chartered Accountant)
Category Income Tax   Report

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