"Month" in Section 54EC of Income Tax Act means calendar month, impacting Long-Term Capital Gains exemptions.

"Month" in Section 54EC of Income Tax Act means calendar month, impacting Long-Term Capital Gains exemptions. https://www.taxtmi.com/highlights?id=51851 LTCG - exemption u/s 54EC - terminology of “Month” in the context of provisions of section 54EC - the term “Month” means calendar month (and not period of thirty days), which should be applied for the purpose of section 54EC of the Act. - AT en-us Tue, 18 Feb 2020 12:12:01 +0530 Tue, 18 Feb 2020 12:11:27 +0530 TaxTMI RSS Generator "Month" in Section 54EC of Income Tax Act means calendar month, impacting Long-Term Capital Gains exemptions. https://www.taxtmi.com/highlights?id=51851 LTCG - exemption u/s 54EC - terminology of “Month” in the context of provisions of section 54EC - the term “Month” means calendar month (and not period of thirty days), which should be applied for the purpose of section 54EC of the Act. - AT Highlights Income Tax Tue, 18 Feb 2020 12:12:01 +0530 https://www.taxtmi.com/highlights?id=51851