Date of 54EC bonds?

Tax planning 256 views 3 replies

Sale of building on 12/05 /2022

Then  i gave cheque for REC bond 54EC     

 on 07 /11/2022 Within six months 

Due date is 12/11/2022

 

Which  date will reflect  in REC bonds ?

Replies (3)

It will be 30/11/2022 in the bond, but you can avail exemption u/s. 54EC of the act.

Originally posted by : Dhirajlal Rambhia
It will be 30/11/2022 in the bond, but you can avail exemption u/s. 54EC of the act.

Thank you sir

Can I avail exemption if i buy  after 12/11/2022 because deemed date will 30/11/2022 ?

No, You have to invest the amount within six months from the date of your transfer of LT asset.


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