Section 54GB investment requirement: invest net consideration in eligible company equity to qualify for exemption. The exemption under Section 54GB requires investment of the net consideration in equity shares of an eligible company, and that the eligible company must ... Summary
Section 54GB investment requirement: invest net consideration in eligible company equity to qualify for exemption.
The exemption under Section 54GB requires investment of the net consideration in equity shares of an eligible company, and that the eligible company must use those subscribed funds to acquire new assets.
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