Exemption u/s 54 Based on Capital Gains, Not Net Consideration, Despite Additions u/s 50C.

Exemption u/s 54 Based on Capital Gains, Not Net Consideration, Despite Additions u/s 50C. https://www.taxtmi.com/highlights?id=23202 Applicability of Section 50C while claiming deduction u/s 54 - exemption is allowable with reference to the amount of Capital Gain and not with reference to the amount of net consideration - Exemption allowed despite additions made u/s 50C - AT en-us Wed, 03 Jun 2015 08:52:22 +0530 Wed, 03 Jun 2015 08:52:22 +0530 TaxTMI RSS Generator Exemption u/s 54 Based on Capital Gains, Not Net Consideration, Despite Additions u/s 50C. https://www.taxtmi.com/highlights?id=23202 Applicability of Section 50C while claiming deduction u/s 54 - exemption is allowable with reference to the amount of Capital Gain and not with reference to the amount of net consideration - Exemption allowed despite additions made u/s 50C - AT Highlights Income Tax Wed, 03 Jun 2015 08:52:22 +0530 https://www.taxtmi.com/highlights?id=23202