Omission of Section 54C removes a specific capital gains exemption, altering available income tax reliefs under the statute. Section 54C of the Income tax Act is expressly removed by the amendment, effecting the statutory deletion and withdrawing any relief or mechanism previously provided by that provision.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Omission of Section 54C removes a specific capital gains exemption, altering available income tax reliefs under the statute.
Section 54C of the Income tax Act is expressly removed by the amendment, effecting the statutory deletion and withdrawing any relief or mechanism previously provided by that provision.
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