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Capital Gain Tax exemption - 54EC

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(Querist)
20 March 2023 Dear all, my query is that I have sold the flat gifted to my parents. The selling price of the flat is Rs. 57,00,000/-. How many amounts required of bonds will buy 54EC tax exemption.

thanks & regards
Sridhar
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
20 March 2023 You have to invest full value of capital gains not exceeding 50 lacs

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