Section 54 EC Income Tax Act : Capital gain not to be charged on investment in certain bonds.
Section 54 EC Income Tax Act 1[Capital gain not to be charged on investment in certain bonds. 54EC. (1) Where the capital gain arises from the transfer of a long-term capital asset 2[, being land or building or both,] (the capital asset so transferred being hereafter in this section referred to as the original asset) and the assessee… Read More »