Exemption u/s 54EC shall not be allowed when Investment has not been made during Period of limitation provided u/s 54EC: ITAT [Read Order]

ITAT - Investment - Income Tax Act - TAXSCAN

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) held that exemption under Section 54EC of the Income Tax Act, 1961 shall not be allowed when the investment has not been made during the period of limitation provided under Section 54EC of the Income Tax Act. The original assessment was completed under Section 143(3)…

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