Section 54G: Capital Gains Exemption Permitted for Machinery Purchase Post-Shift Despite Time Lag in Business Relocation.

Section 54G: Capital Gains Exemption Permitted for Machinery Purchase Post-Shift Despite Time Lag in Business Relocation. https://www.taxtmi.com/highlights?id=37082 Disallowance made u/s.54G - assessee can purchase machinery even after shifting and commissioning of business from the new premises - there can be time lag between shifting of unit and receipt of capital gains - exemption allowed. - AT en-us Wed, 06 Dec 2017 17:31:13 +0530 Fri, 06 Jan 2023 17:44:59 +0530 TaxTMI RSS Generator Section 54G: Capital Gains Exemption Permitted for Machinery Purchase Post-Shift Despite Time Lag in Business Relocation. https://www.taxtmi.com/highlights?id=37082 Disallowance made u/s.54G - assessee can purchase machinery even after shifting and commissioning of business from the new premises - there can be time lag between shifting of unit and receipt of capital gains - exemption allowed. - AT Highlights Income Tax Wed, 06 Dec 2017 17:31:13 +0530 https://www.taxtmi.com/highlights?id=37082