Capital gains

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g
28 Points Joined October 2016

please tell me SEC54EC AND SEC 54EE CAN TAKE both of them take max investment 50lack or 1core

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On 05 April 2019 at 12:31 Report
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GST Practitioner & Accounts
15045 Points Joined March 2014

In my opinion  Its  only 50 lac in both the cases   , however  you may take  others  opinion  also. 

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On 05 April 2019 at 13:04
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g
28 Points Joined October 2016
is there any case law
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On 05 April 2019 at 14:00
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Team Lead
7558 Points Joined November 2011
these are two separate sections, so exemption will be considered for each section separately and not to be aggregated
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On 05 April 2019 at 14:29
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344 Points Joined May 2017
Exemption available for both
By reading the section itself u can tell that it is clear that available under both
But under 54EC now allowed only for Land n Building or both and 54EE all
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On 06 April 2019 at 23:00
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other
346 Points Joined January 2019

@ Harshil Baheti,

please elaborate the investment options available u/s. 55EE.

Thanks in advance.

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On 07 April 2019 at 11:27
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344 Points Joined May 2017
@ montee Have to purchase units of startup mutual fu d notified by C.G. Within 6 mnths from date of transfer Units cannot be sold or redeem within 3 yrs frm acquisition date
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On 07 April 2019 at 11:42
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other
346 Points Joined January 2019

Can you name any of such units eligible for deduction u/s. 80EE, as my friend wish to invest. He already exhausted 80EC. Thanks once again.

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On 07 April 2019 at 11:54
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other
346 Points Joined January 2019

Sorry, its typo error... read 80EE as 55EE  & 80EC as 55EC ...

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On 07 April 2019 at 11:55
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other
346 Points Joined January 2019
Originally posted by : montee
Sorry, its typo error... read 80EE as 54EE  & 80EC as 54EC ...

 

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On 07 April 2019 at 11:56
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344 Points Joined May 2017
That's the most ironical part😂 Our govt hasn't notified any such fund so 54EE is '' A cake that one can't eat''
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On 07 April 2019 at 12:00
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other
346 Points Joined January 2019

Yes, that what I am searching for. Thanks for clarification.

So, the original query also gets resolved temporarily by availing deduction u/s. 54EC only!!!

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On 07 April 2019 at 12:18
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344 Points Joined May 2017
Yes exactly
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On 07 April 2019 at 12:22
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g
28 Points Joined October 2016
what is specified assets under that assets 54EE Central govt notify 1-4-2019 before what are those please tell me
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On 10 April 2019 at 18:11
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student
286 Points Joined March 2019

Not notified yet. Means any exemption u/s. 54EE is not available till now.

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On 10 April 2019 at 19:44


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