Denial of deduction/exemption under section 54EC - advance ...
Case Laws Income Tax
September 28, 2018
Denial of deduction/exemption under section 54EC - advance received in specified assets before the date of transfer of asset - the Board have decided that if the assessee invests the earnest money or the advance received in specified assets before the date of transfer of asset, the amount so invested will qualify for exemption under section 54E
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