long term capital gain and exemptions u/s 54EC
This query is : Resolved
28 June 2017
x an individual earns long term capital gain by sale of residential house of 25 lac. And the time limit of 6 months in capital gain bond scheme for claiming exemptions in 54EC has expired. say one month has passed away. can he still deposits in bond and claim exemptions.
28 June 2017
Exemption will not be allowed, since permitted time is over.
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