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Central Government for the purposes of this section. [ Similar to Section 54EC from The Income Tax Act, 1961. - Also Refer

disallowance of a deduction of ₹1,00,00,000/- claimed under Section 54EC of the Act. The Revenue had also preferred an appeal ... extent that the learned CIT(A) had allowed a deduction under Section 54EC of the Act. 3. The Assessee had preferred the aforementioned appeal before

Crores in NABARAD Bonds to claim exemption under Section 54EC of the Act. The Assessing Officer accepted the case of the assessee that the lands ... Commissioner then considered the issue whether the claim of deduction under Section 54EC of the Act to the extent of Rs.10 Crores

immovable property and denial of exemption under sections 54 and 54EC . The assessee submitted a written reply dated 18.03.2024 objecting to the additions proposed ... Officer has stated that the assessee claimed exemption under sections 54 and 54EC in respect of a property said to have been sold

slump sale of its unit, raised a claim for deduction under Section 54EC of ₹ 50 lacs. The Pr. CIT held a firm conviction that ... 2025 Netmatrix Crop Care Pvt. Ltd. deduction u/s 54EC of the Act, as it was available only in the case of the sale

holding that the appellant was not entitled to exemption u/s 54EC in respect of the investment in the eligible bonds on the ground that ... consideration and accordingly, he was entitled to claim the deduction u/s 54EC . 8. The learned CIT(A) erred in not appreciating that

that the assessee has claimed exemption of Rs. 1 crore u/s 54EC of the Act though the assessee against above claim of exemption ... date of transfer the assessee entitled to claim deduction u/s 54EC of the Act. The ld. AR submits that language of Section 54EC proviso

hands for the AYs 2016-17 & 2017-18. Claim u/s 54EC were made in the lands of my wife for both the years ... confirming the AO's action in denying the exemption u/s.54EC of the Act on the ground that investment in bonds was made

respect of the non-granting of exemption under sections 54F and 54EC on the long-term capital gains on sale of shares of Shroff Engg ... assessment order noted that the assessee claimed exemption under section 54EC of Rs. 50.00 lakhs and 54F of Rs. 6.69 crore for investment in property

immovable property, computation of long term capital gain, deduction claimed u/s 54EC and deduction claimed u/s 54F of the Income ... details of investment made in specified bonds to claim deduction u/s 54EC of the Act and also explained deduction claimed under Section