Bench: S/Shri Abraham P. George, Am & George George K., Jm
50B of the Act at Rs.2,76,11,908/-. The assessee had claimed exemption u/s. 54EC of the Act amounting to Rs.50 lakhs. The assessee’s claim of 4 I.T.A.Nos.122/Coch/2016 & 61/Coch/2016 exemption u/s. 54EC of the Act was denied by the Assessing Officer. According to the Assessing Officer last date of investment in 54EC Bond as per CBDT Notification