Exemption u/s 54EC allowed as delay in investment in REC Bonds was due to father of the assessee in ICU …
Sale of client relationship and goodwill by CA firm was of capital asset u/s 2(14) chargeable to tax under the…
Section 50C can be applied after claiming exemption u/s 54EC of the Income Tax Act. Any other interpretation would render the provisions redundant…
No disallowance u/s 54EC for delay in cheque clearance for investment in REC Bonds which was attributable to the banking…
Revision 263 for non application of section 50C. The order of the AO was held not only erroneous but also…
54EC deduction for investment made after 6 months allowed when sales consideration was received late.The tax-payer cannot be asked to…