Capital gains exemption under section 54EE limited to the lower of gain, investment or statutory cap. Exemption under section 54EE equals the lower of the long term capital gains, the amount invested in specified long term assets, or Rs. 50,00,000; such ... Summary
Capital gains exemption under section 54EE limited to the lower of gain, investment or statutory cap.
Exemption under section 54EE equals the lower of the long term capital gains, the amount invested in specified long term assets, or Rs. 50,00,000; such investment must be made in the financial year of transfer or the immediately following financial year and is subject to the same overall monetary ceiling.
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