Tax Deduction u/s 54B Allowed: Investment Made Within Two Days of Receiving Sale Consideration via Post-Dated Cheques.

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....Deduction u/s 54B - sale consideration received through post-dated cheques - the period of six month or condition of investment prior to the filing of ROI is applicable only in the cases where sale consideration has been received before filing of ROI - the assessee has invested the wholesale consideration in purchase of another agriculture land within two days of receipt in bank - deduction allowable....