Assessee Denied Section 54EC Exemption Due to Investment Timing in FY 2006-07 Before Transfer Date.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Eligibility for exemption u/s 54EC - The investment was made in the financial year 2006-07, i.e. before the date of transfer - The lower authorities have rightly found that the assessee is not entitled for exemption u/s 54EC of the Act - AT....