Relief from capital gains tax if the sale proceeds of capital asset u/s 54, 54B and 54D of the Income-tax Act, 1961.

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..... m capital gains tax if the sale proceeds of the capital asset as referred to in these sections is invested in purchase of another capital asset of similar nature within a specified period. It has been represented to the Board that in the absence of the decision from the Income-tax Officer expeditiously as to the quantum of capital gain, it becomes difficult for the taxpayers to take a decision reg .....

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