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Income Tax - Highlights / Catch Notes

Home Highlights October 2017 Year 2017 This

LTCG - exemption u/s 54B - scope of amendment - making HUF ...

Case Laws     Income Tax

October 28, 2017

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.

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