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Deduction u/s 54EC

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(Querist)
12 September 2010 Can an asseess claim deduction u/s 54EC in case of clubbed LTCG of minor children?
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CMA Arif Farooqui

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CMA Arif Farooqui (Expert)
13 September 2010 LTCG would be calculated after Exemption u/s 54s. only taxable LTCG would be clubbed and taxable LTCG would come only after allowing deduction u/s 54 EC.

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