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
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54f and 54EC tohether
Replies (4)
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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