23 January 2020
I have sold land on 28.08.2019 for Rs.80,00,000 index cost is Rs.7059680 I am deposit in Capital gain Bonds Rs.50 Lakhs and How much have to invest residential Flat. How much will be exempt U/s 54EC and U/s 54F.
23 January 2020
Actually your capital gain is 80,00,000 - 70,59,680 = 9,40,320/- Deposit 9,40,320/- in capital gain bonds u/s 54EC and you do not have pay capital gain tax.
CAclubindia
