under section 54 and 54f only individuals and huf are allowed.
but under 54 ec it says that on transfer of any long term capital asset all assessee get exemption by buying bonds.
so can company also get exemption for residential property?
Menu
Capital gains exemption
Replies (1)
in 54ec its specified dat if any long term asset except residential property is transferred den exemption is available if u invest in bonds..
Recent Topics :
- CAPITAL GAIN REG
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
Related Topics :
CAclubindia
