54f and 54EC tohether

Say I sold a property for 1cr with indexed cost of acq of 10 L.

I invested 50L in REC bonds.
How much more should I invest in an apt to claim 54F fully and avoid capital gain tax on 90 L.

Without 54ec I should invest entire 1cr. How are calculations done in this case
Replies (4)
Quick Summary
This discussion clarifies how to use capital gains tax exemptions under Sections 54F and 54EC when selling a property. It explains how investments in a new residential property (54F) and specific bonds (54EC) can be combined to reduce or eliminate capital gains tax liabilities. The conversation highlights the calculation process, particularly when using both sections to offset the taxable gain.

Rs, 44,44,450/-               

Thanks, so it's basically determine CG exemption based on investment on new house, and knock off balance CG with bonds upto 50L

Correct .............                                      

You're right

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