54ec
This query is : Resolved
CA JAYESH RELKAR
(Querist)
25 January 2018
If father died. But before death he has sold Long term capital asset say plot.
Then, in order to claim exemption under section 54EC, in whose name NHAI/RECL bond should be purchased??
Legal heir..!?? Please clarify with case law / circular / notification.
Thank you
Then, in order to claim exemption under section 54EC, in whose name NHAI/RECL bond should be purchased??
Legal heir..!?? Please clarify with case law / circular / notification.
Thank you
CA R SEETHARAMAN
(Expert)
26 January 2018
Bonds can be purchased in the name of legal heir.
See the link.
https://www.forum.charteredclub.com/threads/deposit-in-capital-gains-account-after-death-of-seller.7108/
See the link.
https://www.forum.charteredclub.com/threads/deposit-in-capital-gains-account-after-death-of-seller.7108/
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