U/s 80ccg
if there are 2 investments in a PY, in respect of which decution was allowed for max of 25K and in 2nd year th assesse defaulted by selling one investment. then what would be the amount to be taxed in the defaulting PY. 1st investment = 25K 2nd inevestment = 52K please help !!
Replies (2)
I think pro rata basis should be applied as nowhere it is clarified.
if first investment is sold of 25k then 8117 (25000*25000/77000) should be taxed.
if second investment is sold of 52k then 16883(52000*25000/77000) should be taxed.
Thats what i am in search for ..
Want an conclusive answer for it .
Thanx for your suggestion .
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