Sir/Madam,
I sell my immovable property in March and if I put 50 lakhs in 54EC Capital Gains Tax Bonds in April or May but within 6 months but in the next Financial Year and then fill my ITR in July, will I get exemption on the amount in LTCG. It takes sometime because I am changing the place of residence both city and state, and I will require time to transfer my bank accounts to the new city as it can be done only after I get a rent agreement at the new place.
Thanks.
Bobby