Exemption U/s 54 against LTCG
This query is : Resolved
18 September 2021
I sold my holdings of unlisted shares and getting LTCG. Now, I want to purchased NHAI Bonds. These bonds are exempt u/s 54EC. So, can I claim exemption for tax on LTCG u/s 54.
18 September 2021
Yes, you can get exemption u/s. 54F (and not u/s. 54) of IT act; when you invest in any house property.
18 September 2021
Should I claim exemption u/s 54EC as I invested in NHAI Bonds...???
18 September 2021
Yes, when you invest in NHAI CG bonds, the exemption will be u/s. 54EC of the act.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Regarding Appointment of auditor in case of casual vacancy
- RCM on GTA Services
- GST 9- Table 8
- Conversion of Proprietorship Firm to Partnership Firm
- REVENUE RECOGNITION AS PER IND AS 115
- Audit of F and O T/O
- How to update Transaction data in broker samco account holding after transfer shares KARVY
- For sale of shares of a private limited company, what is process cost and time for demat of shares
- Tds to Pujari payment
- Which SAC code should be ed?
- 12AB Hearing notice for the AY 2025-26
- Validity of form 15 G and 15 H on Interest on fixed deposit
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- Revision under Section 264 in The Income Tax Act, 1961
- TDS under section 195.
Trending Online Classes
CAclubindia
