capital gain tax

sachin (Querist) 01 June 2010 This query is : Resolved
Would like to know, How a Company can save Capital Gain Tax due to sale of property. Can it do investment in property.

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Vineet (Expert) 01 June 2010
The exemption available for a company against long term capital gains is only u/s 54EC i.e. investment in specified bond of REC and NHAI.

soumitra basu (Expert) 04 June 2010
I agree with Mr. Vineet

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