Capital gain exemption

Direct Taxation

For sec 54EE, amount of 50lakh that can be invested in units of specified fund to avail exemption Is that limit for all the years in a whole or for the capital gains arising during a particular year/Transaction?

Venkatesh Rathinam

CA Final

★ 15K+

27-Nov-20 08:03

640

Answers (1)

For a year as well as for a transaction.

CA Suraj Lakhotia

Admin

27-Nov-20 15:19