03 July 2007
Can an assessee avail more than one Capital exemption?
For example: If an assessee has sold an industrial undertaking and invests the capital gains in 1 residential house, invests in specified Bonds, purchases a industrial land in other than urban land and also purchases a industrial land in SEZ Can he avail exemption u/s 54EC, 54F, 54G, 54GA?
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