Section 54ec
This query is : Resolved
05 June 2014
capital gain is Rs. 325000.
invested in 54EC Rs. 125000.
Thus capital gain under head CG Rs. 200000.
Assessee is senior citizen.Basic exemption limit Rs. 250000.
Whole amount of Rs. 200000 is exempted or flat rate will be charge?
invested in 54EC Rs. 125000.
Thus capital gain under head CG Rs. 200000.
Assessee is senior citizen.Basic exemption limit Rs. 250000.
Whole amount of Rs. 200000 is exempted or flat rate will be charge?
05 June 2014
Whole amount of capital gain Rs. 2,00,000 is exempted.
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