Capital gains exemption

IPCC 538 views 1 replies

under section 54 and 54f only individuals and huf are allowed.

but under 54 ec it says that on transfer of any long term capital asset all assessee get exemption by buying bonds.

so can company also get exemption for residential property?

Replies (1)

in 54ec its specified dat if any long term asset except residential property is transferred den exemption is available if u invest in bonds.. 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register