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Deduction under section 54EC

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62 Points Joined January 2018
Show by way of example where long term capital gains are more than cost of the house
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On 19 January 2021 at 16:29 Report
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17264 Points Joined December 2018
What is query !! please elaborate
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On 19 January 2021 at 22:46
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62 Points Joined January 2018
Deduction under 54EC in case of capital gains
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On 20 January 2021 at 12:29
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Consultant
1891 Points Joined April 2019

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

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On 20 January 2021 at 12:49

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