Relief from capital gains tax if the sale proceeds of capital asset u/s 54, 54B and 54D of the Income-tax Act, 1961.

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....r-Instruction<br>Income Tax<br>INSTRUCTION NO. 1050/CBDT Dated : March 25, 1977 Section(s) Referred: 54 ,54B ,54D Statute: Income - Tax Act, 1961 Section 54, 54B and 54D of the Income-tax ....

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....taxpayers to take a decision regarding the investment in another capital asset within the specified period. 2. The decision whether to invest or not to invest the sale proceeds of the capital asset....