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directing the A.O. to allow the claim of deduction u/s. 54EC ? At the instance and request of the Advocates for both the parties ... long term capital gain of Rs.43.36 lacs under Section 54EC of the said Act by purchasing bonds of the Rural Electrification Corporation Limited

with regard to the investments made by her under Section 54F and 54EC of the said Act. The Petitioner was duly represented by a Chartered ... Consequently, the Petitioner's claim for exemption/deduction under Section 54EC of the said Act was also considered and a deduction to the extent

National Housing Bank Bonds which were eligible for deduction under section 54EC of the Act. The Assessing Officer made a reference to the Departmental Valuation

petitioner deposited a sum of Rs.15.50 crores in section 54EC Bonds within six months from the transfer of the undertaking. It was contended