Assessee Qualifies for Deduction on Short-Term Capital Gain from Depreciated Asset Transfer u/ss 54E and 50.

Assessee Qualifies for Deduction on Short-Term Capital Gain from Depreciated Asset Transfer u/ss 54E and 50. https://www.taxtmi.com/highlights?id=53370 Assessee is entitled to deduction u/s 54E in respect of the capital gain arising on the transfer of a capital asset on which depreciation has been allowed and which is deemed as short-term capital gain u/s 50 en-us Tue, 12 May 2020 13:14:35 +0530 Tue, 12 May 2020 13:14:35 +0530 TaxTMI RSS Generator Assessee Qualifies for Deduction on Short-Term Capital Gain from Depreciated Asset Transfer u/ss 54E and 50. https://www.taxtmi.com/highlights?id=53370 Assessee is entitled to deduction u/s 54E in respect of the capital gain arising on the transfer of a capital asset on which depreciation has been allowed and which is deemed as short-term capital gain u/s 50 Highlights Income Tax Tue, 12 May 2020 13:14:35 +0530 https://www.taxtmi.com/highlights?id=53370