https://www.taxtmi.com/highlights?id=6453 Deduction u/s 54F - there is nothing to bar benefits of exemption u/s 54F in respect of the capital gains relatable to the FVC as per the deemed fiction u/s 50C. - Clause (a) of section 54F(1) specifies that if the cost of the new asset is not less than the net consideration in respect of the original asset, there is no chargeable capital gains u/s 45. - AT en-us Sat, 12 Jan 2013 13:27:35 +0530 Sat, 12 Jan 2013 13:27:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=6453 Deduction u/s 54F - there is nothing to bar benefits of exemption u/s 54F in respect of the capital gains relatable to the FVC as per the deemed fiction u/s 50C. - Clause (a) of section 54F(1) specifies that if the cost of the new asset is not less than the net consideration in respect of the original asset, there is no chargeable capital gains u/s 45. - AT Highlights Income Tax Sat, 12 Jan 2013 13:27:35 +0530 https://www.taxtmi.com/highlights?id=6453