Section 54 ec exemption
This query is : Resolved
28 December 2016
IF a person has claimed exemption under Sec 54 EC few years back and now again he is selling a commercial property and want to invest in bonds for claiming exemption under Section 54 EC. Can he claim exemption again under Section 54 EC? please reply
28 December 2016
Yes, because 54EC is not a once in life time exemption.
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