Section 54E Tax Benefit Applies to Sale of Depreciable Assets, Regardless of Capital Gains Computation Method.

Section 54E Tax Benefit Applies to Sale of Depreciable Assets, Regardless of Capital Gains Computation Method. https://www.taxtmi.com/highlights?id=6273 Exemption u/s 54EC - sale of depreciable assets - the benefit of Section 54E will be available to the assessee irrespective of the fact that the computation of capital gains is done either u/s. 48 and 49 or u/s. 50. - HC en-us Wed, 19 Dec 2012 11:36:40 +0530 Wed, 19 Dec 2012 11:36:40 +0530 TaxTMI RSS Generator Section 54E Tax Benefit Applies to Sale of Depreciable Assets, Regardless of Capital Gains Computation Method. https://www.taxtmi.com/highlights?id=6273 Exemption u/s 54EC - sale of depreciable assets - the benefit of Section 54E will be available to the assessee irrespective of the fact that the computation of capital gains is done either u/s. 48 and 49 or u/s. 50. - HC Highlights Income Tax Wed, 19 Dec 2012 11:36:40 +0530 https://www.taxtmi.com/highlights?id=6273