Nhai 54ec bonds
This query is : Resolved
Chandrika Subramaniyan
(Querist)
06 November 2013
Dear Sirs, am in the process of selling my flat in the current financial year and my LTCG with Indexation will be about 7500000 to 80000000. I know I can only invest 50 in the current FY....and balance in next Financial year...will this be possible ? How can I report it to IT ? THanks
Chandrika
Chandrika
12 November 2013
Section 54EC Exemption (Rs.50,00,000) is available For Per Calendar Year. So, You may Sale your Flat after 30th September and Take Benifit of Rs. 1 Crore Exemption u/s 54EC.
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