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    <title>Income-tax Act, 1961 : Order under section 119(2)(c) : Extending time limit for making the investments under section 54EC</title>
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    <description>Extension of the six-month investment period under section 54EC was ordered to address non-availability of notified capital gain bonds issued by NHAI and REC after an amendment limited eligible bonds to those issued on or after 1 April 2006; the Central Board of Direct Taxes, under section 119(2)(c), granted specified extended deadlines for taxpayers who transferred long-term capital assets during designated transfer periods to remove hardship caused by temporary non-availability of the bonds.</description>
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    <pubDate>Fri, 30 Jun 2006 00:00:00 +0530</pubDate>
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      <description>Extension of the six-month investment period under section 54EC was ordered to address non-availability of notified capital gain bonds issued by NHAI and REC after an amendment limited eligible bonds to those issued on or after 1 April 2006; the Central Board of Direct Taxes, under section 119(2)(c), granted specified extended deadlines for taxpayers who transferred long-term capital assets during designated transfer periods to remove hardship caused by temporary non-availability of the bonds.</description>
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      <pubDate>Fri, 30 Jun 2006 00:00:00 +0530</pubDate>
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