Section 54EC
This query is : Resolved
06 January 2011
Mr. X earns LTCG Rs 50 Lacs in Jan 11 and invests it in NHAI bonds. . Then he earns LTCG Rs. 50 Lacs in April 11, and again he invest them in NHAI bonds. Whether he is eligible for benefit of investment made by him (ie. Rs. 50 Lacs + 50 Lacs = 1 CR)??
Whether the limit of investment in NHAI bonds or any other bonds is Rs. 50 Lacs in one A.Y. Whether correct
Whether the limit of investment in NHAI bonds or any other bonds is Rs. 50 Lacs in one A.Y. Whether correct
Aditya Maheshwari
(Expert)
06 January 2011
Rs. 50 Lacs can be invested in one F. Y. in either REC or NHAI.
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