Hi friends,
Whether deduction under Section 54EC of the Income Tax Act, 1961 is available even if investment was made before transfer of Long term Specified Asset. Kindly clarify my doubt along with case laws if any as soon as possible.
Hi friends,
Whether deduction under Section 54EC of the Income Tax Act, 1961 is available even if investment was made before transfer of Long term Specified Asset. Kindly clarify my doubt along with case laws if any as soon as possible.
It should be invested within 6months of transfer
Shaswat initial support private limited
Ahmedabad
CS
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Aggarwal Sarawagi and Co
New Delhi
CA
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Shyam Joshi & Associates
Pune
B.Com
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CAclubindia
