LTCG - Exemption of capital gains in terms of Section 54EC - ...

Section 54EC: Long-term Capital Gains Exemption Shouldn't Be Denied Due to Technicalities, No Limitation Period for Applications.

May 14, 2022

Case Laws Income Tax HC

LTCG - Exemption of capital gains in terms of Section 54EC - Assessee should not suffer where no default was committed by him in submitting the application under Section 119[2][b] of the Act on 24.05.2011 i.e., when there was no period of limitation prescribed. No application could be denied on technical grounds. - HC

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LTCG - Exemption of capital gains in terms of Section 54EC - ...

Section 54EC: Long-term Capital Gains Exemption Shouldn't Be Denied Due to Technicalities, No Limitation Period for Applications.

May 14, 2022

Case Laws Income Tax HC

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