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 ?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160579 Points)
Replied 08 November 2022
It will be 30/11/2022 in the bond, but you can avail exemption u/s. 54EC of the act.
Pradyumna
(.)
(29 Points)
Replied 08 November 2022
| 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 ?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160579 Points)
Replied 08 November 2022
No, You have to invest the amount within six months from the date of your transfer of LT asset.
CAclubindia
