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Mutual Fund Gain

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(Querist)
26 August 2022 Profit earned from Long Term Gain on sale of Mutual Fund. Can we invest in REC Bond to minimize the tax liability on Capital Gain on the sale of mutual Fund
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
26 August 2022 No. the long term capital gain from sale of MF units is not eligible for exemption u/s. 54EC now...
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