My brother who is NRI had JDA with builder and got three duplexes in exchange of land given to builder.No money transaction is done.Taking rebate on one house the capital gain comes to be about 4 lacs.Because he is out and cannot send money just now can I (His legal POA) deposit money on his behalf from my account in India under section 54EC to escape capital gain tax?
Menu
Capital gain in jda
Replies (1)
The time limit for investment in bonds is six months from the date of gains realized/accrued. So, plan accordingly.
Recent Topic
- LTCG on unlisted foreign shares acquired in inheri
- SBI Funds Management IPO Allotment on July 17: Lis
- PF Final settlement shown in Salary Form 16 FY 26-
- ITR3 online utility: Part B TTI is populating fiel
- Sale of rural agriculture land
- How to show Capital Gain on gifted property
- TIS Glitch Alert : inflated summary
- IT returns of partners
- Challan status in Payment Failed but amount deduct
- Sec 54 exemption
Related Topics
CAclubindia
