LTCG - exemption u/s 54EC - terminology of “Month” in the ...

"Month" in Section 54EC of Income Tax Act means calendar month, impacting Long-Term Capital Gains exemptions.

February 18, 2020

Case Laws Income Tax AT

LTCG - exemption u/s 54EC - terminology of “Month” in the context of provisions of section 54EC - the term “Month” means calendar month (and not period of thirty days), which should be applied for the purpose of section 54EC of the Act. - AT

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LTCG - exemption u/s 54EC - terminology of “Month” in the ...

"Month" in Section 54EC of Income Tax Act means calendar month, impacting Long-Term Capital Gains exemptions.

February 18, 2020

Case Laws Income Tax AT

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