Capital gain tax saving bonds

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This discussion explores options for saving capital gains tax, particularly for long-term gains on unlisted equity shares. While Section 54F allows tax savings through property purchase, it doesn't apply to gains from shares. Section 54EC bonds are mentioned as a way to reduce tax liability on capital gains from immovable property, but they are not applicable for gains from the sale of shares.

Pradip

Pradip (Querist)

16 August 2021 I have long term capital gain on non listed equity shares , in this year.
Please suggest tax saving scheme or investments bonds to save tax.
Thanks
Pradeep Kumar Sharma

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

16 August 2021 Pay 10% tax, savings schemes available for buying a house under section 54F. Investment in bonds not applicable for such grains.

Pradip

Pradip (Querist)

17 August 2021 Can Under 54 EC , I can invest. ??
Thanku very much.
Pradeep Kumar Sharma

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

17 August 2021 The tax liability on long-term capital gains from sale of immovable property can be reduced by purchasing 54EC bonds.
54 EC not applicable for sale of shares.

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