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DEDUCTION U/S 54EC IN RESPECT OF LTCG ON SALE OF UNLISTED SHARES

This query is : Resolved 

16 May 2022 CAN I CLAIM DEDUCTION U/S 54EC IN RESPECT OF LONG TERM CAPITAL GAIN ON SALE OF UNLISTED SHARES ?

16 May 2022 No, the benefit of Section 54EC would only be available on sale of Land or Building (whether Residential or Non-Residential).

16 May 2022 54EC is available only against sale of immovable property.


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