Friday, June 14, 2019

Sec. 54EC exemption available on capital gains arising from sale of client relationships & goodwill

IT: Where assessee partnership firm of Chartered Accountancy invested capital gains from sale of its client relationships and goodwill pertaining to its business of internal audit and risk consultancy (IARC) practice in specified bonds, assessee would be eligible to exemption under section 54EC

from www.taxmann.com Latest Case Laws http://bit.ly/2RdCpfA

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