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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Exemption u/s 54EC - eligibility of capital gain from sale of ...


High Court Affirms Section 54EC Exemption for Short-Term Gains from Depreciable Assets u/s 50 of Income Tax Act.

November 13, 2013

Case Laws     Income Tax     HC

Exemption u/s 54EC - eligibility of capital gain from sale of depreciable assets being taxable as short term capital gain u/s 50 – overriding provision - benefit of exemption allowed - HC

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