Section 54G - Capital gain on transfer of assets in cases of shifting of Industrial Undertakings from urban areas

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Full Text of the Document

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....r Transfer of plant & machinery or land or building for shifting industrial undertaking from urban area to rural area New assets to be purchased or constructed * Purchase / construction of new plant & machinery, land or building in such rural area, or, * Shifting original asset to that area, or, * Incurring notified expenses Time limit Within 1 year before or 3 years after the date of t....