Income Tax – Capital Gains
Description: Section 50C will not Apply While Computing Exemption Under Section 54F. – V.K. Subramani. Source: 1. www.tpcc.in 2. The Tax Reference .Volume120. Issue No.2, 11 July 2011 Page No.27. Our Comment: Provisions of Section 50C and 54F are separate and cannot be mixed.
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