TAX UPDATES: Correctness of law laid down by Bombay High Court in Ace Builder 281 ITR 210 that deduction u/s 54EC is available to short-term capital gains computed u/s 50 doubted by Tribunal in Legal Heir of Shri Durgaprasad Agnihotri (ITAT Mumbai)

Sunday, 10 January 2016

Correctness of law laid down by Bombay High Court in Ace Builder 281 ITR 210 that deduction u/s 54EC is available to short-term capital gains computed u/s 50 doubted by Tribunal in Legal Heir of Shri Durgaprasad Agnihotri (ITAT Mumbai)

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