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Sunday, 20 May 2012. What are the exemptions available in respect of capital gains? Depending upon the nature of the capital asset and the manner of utilisation of the consideration received on transfer, various exemptions are available. For full details, Sections 54, 54B, 54D, 54EA, 54EB,54EC, 54F, 54G and 54H of the Income-tax Act may please be referred. The provision of 54EA and 54EB has been withdrawn with effect from 1.4.2000 and new section 54 EC has been inserted. Subscribe to Posts Atom.CONTENT
This web page investascent.blogspot.com states the following, "What are the exemptions available in respect of capital gains? Depending upon the nature of the capital asset and the manner of utilisation of the consideration received on transfer, various exemptions are available." We saw that the webpage said " For full details, Sections 54, 54B, 54D, 54EA, 54EB,54EC, 54F, 54G and 54H of the Income-tax Act may please be referred." It also said " The provision of 54EA and 54EB has been withdrawn with effect from 1. 2000 and new section 54 EC has been inserted."SEEK SIMILAR DOMAINS
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