banner_ad

Inquiry under section 54 ec

This query is : Resolved 
Profile Image

Profile Image

(Querist)
30 March 2012 Hi I would be selling my house and incurring long term capital gains in May 2012. As I am made to understand I have to invest the whole or some part of it under some bonds that provide tax relief under section 54 EC.
My question is what happens if any of these companies allotting such bonds does not come up with an offer or issue of such bonds in six month. As I would be selling my flat in May 2012 I will have only uptil November 2012 to invest and in such a scenario what can I do to save tax.
Second question is is there any company which has these bonds under 54EC open thru out the year.
Profile Image

CA Siddhartha Bhardwaj

Profile Image

CA Siddhartha Bhardwaj (Expert)
30 March 2012 Only bonds of National Highway Authority of India and Rural Electrification Corporation Limited are covered u/s 54EC.

Their bonds are normally available throughout the year.

Check their websites.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details