23 September 2017
am selling a land on March and from that proceeds of the sale 50 lakhs is deposited in 54EC scheme in the same financial year and another 50 lakhs is deposited in next financial year( with in six months) .can I claim 1 cr deduction ?
23 September 2017
If the investment under 54EC in two financial years and within 6 months time from date of transfer, then you can claim such deduction
CAclubindia
