BLOG on Income Tax Management for - AY 2022-23 & 2023-24

When the Exemption is Revoked it is Taxable in the year in which the default is committed. What will be Status of the Notional Income under these Sections 54, 54B, 54D, 54EC, 54F, 54G, 54GA and 54H ?

Section-54 : Short-term Capital Gain

Section-54B : Short-term Capital Gain

Section-54D : Short-term Capital Gain

Section-54EC : Long-term Capital Gain

Section-54F : Long-term Capital Gain

Section-54G : Short-term Capital Gain

Section-54GA : Short-term Capital Gain

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