Brief information on capital gains

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What are bonds under section 54ea and section 54eb.

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Both sub-sections are for eligible exemptions for Long term capital gains arrived before 01.04.2000. Not applicable now.

Thanks for your reply.

Can there be bonds purchased under section 54ee

 

As per the section 54EE of IT act, the Long term specified asset/Units should have been issued before 01.04.2019 and till date no unit has been issued thus this section is of no use now and it was just an exemption for name sake wherein no units had been announced by government.


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