19 May 2011
1. Wheather amount invested u/s 54EC of Income Tax Act, 1961 can be takne for reducing the Book Profit U/s 115JB
2.In case of Long Term Capital Gain on shares, indexing cost can be taken in profit loss a/c in place of original cost for reducing the book profit u/s 115 JB for avoding tax if yes then How? kinldy explain.
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