Time Limit for Investment in capital Gain Bonds i/s 54 EC

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This discussion clarifies the investment deadline for Capital Gains Bonds under Section 54EC. The standard time limit is six months from the property sale date. It's also confirmed that the extended deadline of 30th September 2020 applies to investments made for 54EC capital gains tax exemption.

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(Querist)
09 July 2020 The property is sold on 18-12-2019 and capital gain accrues to assessee.

What is the time limit for investing in capital gain bonds for claiming exemption u/s 54EC.

Thanks in Advance.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
09 July 2020 Time limit is 6 months from date of sale.
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Subhash

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Subhash (Querist)
10 July 2020 And time limit extended up to 30.09.2020 is for which capital gain exemption investment sir.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
12 July 2020 Yes, it includes 54EC.
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