Amendment of section 54.

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..... t exceeding ten crore rupees shall not be taken into account for the purposes of this sub-section. ; (b) in sub-section (2), (i) after the words amount so deposited shall , the words, brackets and figure , subject to the third proviso to sub-section (1) shall be inserted; (ii) after the proviso, the following proviso shall be inserted, namely: Provided further that the capital gains in excess of t .....

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..... w asset exceeds ten crore rupees, the amount exceeding ten crore rupees shall not be taken into account for the purposes of that sub-section. It is further proposed to insert a proviso to provide that the amount of capital gain in excess of rupees ten crores will not be taken into account for the purposes of sub-section (2). These amendments will take effect from 1st April, 2024 and shall accordin .....

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