Amendment to Capital Gains Exemption: restricts exemption to transfers before a specified cutoff, with delayed effect. Amendment to section 54ED substitutes the qualifying phrase so that the exemption applies only to transfers occurring before the 1st day of April, 2006 of ... Summary
Amendment to Capital Gains Exemption: restricts exemption to transfers before a specified cutoff, with delayed effect.
Amendment to section 54ED substitutes the qualifying phrase so that the exemption applies only to transfers occurring before the 1st day of April, 2006 of a long term capital asset, with the substitution taking effect from the 1st day of April, 2007.
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