Exemption under section 54GB: compute exemption by proportioning capital gains to investment relative to sales consideration. Exemption under section 54GB is calculated using the formula A x B / C, where A is the investment in the new asset by the eligible company, B is the ... Summary
Exemption under section 54GB: compute exemption by proportioning capital gains to investment relative to sales consideration.
Exemption under section 54GB is calculated using the formula A x B / C, where A is the investment in the new asset by the eligible company, B is the capital gains, and C is the net sales consideration, allocating capital gains proportionately to the investment to determine the exempt quantum.
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