Deduction under section 54EC

Show by way of example where long term capital gains are more than cost of the house
Replies (3)
Quick Summary
This discussion clarifies the deduction available under Section 54EC of the Income Tax Act. It explains that this exemption is applicable when capital gains are invested in specified bonds, such as those issued by NHAI or REC. Importantly, the cost of the new house purchased does not affect the eligibility for this deduction.

What is query !! please elaborate
Deduction under 54EC in case of capital gains

54EC exemption is allowed when you invest the gains in bonds of NHAI/REC bonds. Cost of new house will not matter. 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details