Regarding claiming exemption under section 54ec
This query is : Resolved
Quick Summary
Hasti Rangani
(Querist)
16 November 2025
Mr A. has purchased a residential property in F.Y. 2005-2006. He is selling this property in F.Y. 2025-2026. He want to claim exemption under Income Tax.
Can he purchase bonds specified in section 54EC(he is not willing to by any other residential house property) ?
Can he purchase bonds specified in section 54EC(he is not willing to by any other residential house property) ?
16 November 2025
Yes, maximum limit is Rs. 50 lakhs.
CA Kedar Sakhardande
(Expert)
18 November 2025
Yes he can claim exemption under section 54EC by investing in capital gain bonds within time limit of 6 months
19 November 2025
Bonds must be held for 5 years; premature withdrawal is not allowed.
Gains exceeding ₹50 lakh → taxed as LTCG under Section 112.
Gains exceeding ₹50 lakh → taxed as LTCG under Section 112.
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