gains.
4. Without prejudice, the appellant firm be granted deduction u/s
54EC on account of investment in the bonds made by the partners
from ... capacity and also claimed the benefit of investment u/s.
54 and 54EC of the Act. The Assessing Officer was not impressed with
the contention
Order. In brief
those are, Assessee has made Investment U/s 54EC as under.
On 28.03.2008 Rs. 50 Lakhs in Bonds of NHAI ... held by the
Assessing Officer within the period prescribed in section 54EC of the Act. In
this context, the Ld. Representative for the assessee pointed
investing
Rs.28,00,000/- in accordance with the provisions of section 54EC of
the Income Tax Act, 1961 (hereinafter referred ... amount of capital gains
in accordance with the provisions of section 54EC of the Act. The ld.
AR further submitted that the land purchased
