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
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
Featured ARTICLESHIP 31 October 2026
CA Articleship

apricus india

Navi Mumbai

CA Inter

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
02 November 2026
Audit Executive

SRJP & Co LLP

Kochi

CA Inter

View Details