Section 50C Not Applicable When Full Property Sale Proceeds Reinvested in Bonds u/s 54EC, Reducing Tax Liability.

Section 50C Not Applicable When Full Property Sale Proceeds Reinvested in Bonds u/s 54EC, Reducing Tax Liability. https://www.taxtmi.com/highlights?id=2878 Validity of invoking provisions of Section 50C – investment in bonds in view of provisions of section 54EC - entire amount of sale consideration has been invested in Bonds therefore, provisions of section 50C cannot be invoked.... - AT en-us Thu, 09 Feb 2012 10:23:15 +0530 Thu, 09 Feb 2012 10:23:15 +0530 TaxTMI RSS Generator Section 50C Not Applicable When Full Property Sale Proceeds Reinvested in Bonds u/s 54EC, Reducing Tax Liability. https://www.taxtmi.com/highlights?id=2878 Validity of invoking provisions of Section 50C – investment in bonds in view of provisions of section 54EC - entire amount of sale consideration has been invested in Bonds therefore, provisions of section 50C cannot be invoked.... - AT Highlights Income Tax Thu, 09 Feb 2012 10:23:15 +0530 https://www.taxtmi.com/highlights?id=2878