dear all,
could you please provide some guide on section 54ee and what are the specified funds under this section for long term capital gain deduction
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section 54ee
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Long term capital gain if any realised may be invested in Central governments Start up Indias action plan maximum upto 50,00,000/- with 3 years lock in period.
If Investment value is > Gain then whole gain upto limit specified above will be exempt and if vice cersa then proportionate income will be exempt.
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