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This query is : Resolved 

27 August 2015 Dear Friends / Experts,

Please guide me on the following, IF POSSIBLE:

Query

Is it appropriate that the Assessee avail the benefit of Section 54EC by depositing FIRST Rs.50 Lacs in FY 2014-15 and another Rs.50 Lacs in FY 2015-16 (Note: Both Investments are pertaining to the sale consideration done during the AY 2015-16)?

Your reply, please..............

Thanks in advance for possible replies from all concerned.

27 August 2015 Not possible only one 50 lacs allowed.


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