- CA HARSH GARG
- Leave a Comment on Tax Exemptions U/S 54GA and 54GB for Capital Gains from Relocation of Industries and New Manufacturing Facilities”
Tax Exemptions U/S 54GA and 54GB for Capital Gains from Relocation of Industries and New Manufacturing Facilities”
The relocation of industries and the establishment of new manufacturing facilities are essential for promoting industrial growth and economic development. To incentivize such activities, the Income Tax Act, 1961 provides tax exemptions under specific sections, such as Section 54GA,