Hindu Undivided Families (HUFs) cannot claim Section 54B exemption on LTCG for years before 2012 amendment.

LTCG - exemption u/s 54B - scope of amendment - making HUF eligible for claiming exemption u/s. 54B - assessee being HUF is not eligible for claiming exemption u/s. 54B of the Act during the assessment year - the 2012 amendment in not retrospective. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X