Deduction u/s 54ec of the act


This query is : Resolved 

19 June 2014 Sir,

My client has sold land on 27-9-2013 but received the sales consideration on 27-12-2013. Whether he can purchase NHAI bond before 27-6-2014 to take benefit u/s 54 EC of the Act

Please reply with appropriate judgments

Thanks

Rupesh Jain (Expert)
20 June 2014 yes he can by bond before 31.7.2014 for saving tax

20 June 2014 Thanks. Can you provide me judgments if any.


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