Long term capital gains - Simply because assessee preferred to ...

Business Sale of Assets Qualifies for Section 54EC Tax Deductions, Not an Agency Agreement.

August 6, 2012

Case Laws Income Tax AT

Long term capital gains - Simply because assessee preferred to sell his business along with tangible assets would not mean that the agreement would become that of an agency. - clear case of sale of assets - deduction u/s. 54EC allowed - AT

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Long term capital gains - Simply because assessee preferred to ...

Business Sale of Assets Qualifies for Section 54EC Tax Deductions, Not an Agency Agreement.

August 6, 2012

Case Laws Income Tax AT

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