assessee is eligible for deduction of Rs.1 Crore under Section 54EC , in respect of investment of Rs.50 Lakhs made in two different financial ... bonds to a maximum of Rs.50,00,000/- only under Section 54EC(1) of the Act and accordingly, held that the other
holding that the assessee is entitled to capital gains exemption under Section 54EC even though the assessee had invested in REC bonds beyond the stipulated ... holding that the assessee is entitled to capital gains exemption under Section 54EC on the ground that the bonds were not available till the last
which Rs.1,00,00,000/- was claimed as deduction under Section 54EC of the Act, by investing Rs.50 Lakhs in REC Bonds ... Tribunal. The Tribunal held that the exemption granted under proviso to Section 54EC(1) of the Act should be construed not transaction-wise, but financial
transfer of goodwill as capital gains and claimed exemption under Section 54EC of the Act on the premise that investments were made in prescribed bonds
deduction against the column Deduction 54/54B/54D/54EC/54F/54G/ 54GA of the Income Tax Act. On 13.4.2010, again the appellant sold the remaining
