capital gain exemption
This query is : Resolved
MONI GUPTA
(Querist)
15 June 2010
capital gain amount on sale of house property has been invested in REC bond and claimed the exemption u/s 54EC. The bond will be matured in the next 2 months. advise me on the taxability if the same
15 June 2010
you will get 100% exeption of the invested amount to the extent it does not exceed net income
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