A Person sold 2 lands in Feb 2026 and March 2026, His Long term Capital gains from 2 transaction is Rs.122 Lacs , out of it he invested max permissible amount of Rs 50 lacs in IRFC 54EC bonds in March 2026 , out of balance LTCG Rs 72 lacs , can he invest in April or May 2026 ( Next fin year , but within 6 months) of Rs50 lacs in IRFC 54 EC Bonds , so that he can pay LTCG tax , as self assessment tax on balnace 22 lacs
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54EC BONDS INVESTMENTS FOR LONG TERM CAPITAL GAINS
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The short answer is no, he cannot claim the additional ₹50 Lakhs exemption. While the strategy you mentioned was a common and legal tax-planning loophole several years ago, the Income Tax Department has since amended Section 54EC to close it.
Limit of Sec 54EC EXHAUSTED.
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