Sec 54EC
This query is : Resolved
07 December 2010
Hello freinds,
Sec 54EC limit is 50Lakhs, it s for each capital gain or for aggregate. if we take it each capital gain, wat is the consequenses?
Sec 54EC limit is 50Lakhs, it s for each capital gain or for aggregate. if we take it each capital gain, wat is the consequenses?
07 December 2010
It is for aggregate investment in specified assets in a financial year. If aggregate exceeds 50L, benefit of 54EC for the excess amount is not available.
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