Capital gain Refrence under income tax act for sale of house
This query is : Resolved
CA Amit H Dakshinee
(Querist)
02 July 2009
Dear Expert
1) Pl provide me the complete List of Securities under which i can take the benefit of Sec 54 EC as on today.
2) Ref for 20% tax liability under Indexation or 10% flat tax for capital gain and its provision under income tax Act
Thanking a lot in adavnce !!!!!
1) Pl provide me the complete List of Securities under which i can take the benefit of Sec 54 EC as on today.
2) Ref for 20% tax liability under Indexation or 10% flat tax for capital gain and its provision under income tax Act
Thanking a lot in adavnce !!!!!
02 July 2009
Bonds Issued by NHAI and RECL redeemable after 3 years are eligible for deduction u/s 54ec subject to a max limit of Rs. 50Lacs.
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