Section 54G exemption requires reinvestment of capital gains into new plant, machinery, building, relocation, or government-specified expenses. Section 54G conditions the exemption on applying capital gain proceeds to purchase new plant or machinery, purchase or construct a building, shift the ... Summary
Section 54G exemption requires reinvestment of capital gains into new plant, machinery, building, relocation, or government-specified expenses.
Section 54G conditions the exemption on applying capital gain proceeds to purchase new plant or machinery, purchase or construct a building, shift the original asset and its establishment, or incur expenses under a Central Government framed scheme.
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