Hello, If an assessee invest his capital gains in section 54EC to avoid to pay capital gains. The investments lock in period is 3 years . I want to know that at the redemption of such bond under section 54EC will be taxable to the assessee ????
Romil Shah (fresher) (72 Points)
22 April 2014Hello, If an assessee invest his capital gains in section 54EC to avoid to pay capital gains. The investments lock in period is 3 years . I want to know that at the redemption of such bond under section 54EC will be taxable to the assessee ????
Mihir
(Wealth Manager)
(5293 Points)
Replied 22 April 2014
Income Tax Wala: (Fin. Expert)
(Chartered Accountants)
(2010 Points)
Replied 22 April 2014
agree with mihir
vaibhav
(Article)
(23 Points)
Replied 23 April 2014
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