Thursday, September 27, 2018

Earnest money invested in specified assets before transfer of capital asset eligible for Sec. 54EC relief

IT : Where assessee invests earnest money or advance received on sale of capital assets in specified assets before date of transfer of asset, amount so received will qualify for exemption under section 54EC

from www.taxmann.com Latest Case Laws https://ift.tt/2Q7bD6G
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