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Capital gain by private limited company

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 December 2014 if any private limited company sold out part of its land then is threr any ddction benefit of investment (like section 54 etc) is available ?
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
22 December 2014 the ans is no as 54 is not applicable for corporates.
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Querist : Anonymous

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Querist : Anonymous (Querist)
22 December 2014 any other way where i can save/reduce capital gain tax payable



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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
22 December 2014 you can invest in sec 54EC bonds -NHAI or REC bonds for a min period of 3 years from the date of transfer of original capital asset.
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Rupesh Jain

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Rupesh Jain (Expert)
22 December 2014 YOU CAN INVEST IN 54ec BOND MINIMUM 3 YAER LOCK IN PERIOD.

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