Eligibility of exemption u/s 54G - deposit of unutilized capital ...
Assessee eligible for exemption u/s 54G for depositing unutilized capital gains within Section 139(4) timeframe.
March 4, 2017
Case Laws Income Tax AT
Eligibility of exemption u/s 54G - deposit of unutilized capital gain that was deposited in a specified account as laid down in Sec.54G(2) on 30.3.2010 by the Assessee - if deposit of unutilized capital gain is made within the time limit made in Sec.139(4) of the Act, the deduction cannot be denied to an Assessee. - AT
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