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 ?
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 ?
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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