Section 54GB Exemption on Start-up Investment: ITAT Allows ₹1.48 Crore Deduction     Proportionate investment qualifies, extended deadline applies and there is no ₹50 lakh cap, says Mumbai ITAT What if a taxpayer sells a residential property worth several crores and, instead of buying another house, invests the sale proceeds in an eligible start-up? There…

The post Section 54GB Exemption on Start-up Investment: ITAT Allows ₹1.48 Crore Deduction appeared first on The Tax Talk.

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