I purchased a residential plot,during 1987,at a price rs.22000..and sold the same for rs.6500000..in this F.Y.
I got this land value as on 01.04.2001as1481000..from SRO.I have invested in NHAI bonds for rs.5000000..now.To file IT return where i can show this NHAI investment for exemption under LTCG tax.
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Exemption under ltcg
Replies (3)
There's separate schedule for capital gains. you can enter the relevant details in there
Under CG schedule of ITR , there is a part for showing all Deductions including 54EC NHAI bonds.
As a matter of fact, you have invested very high amount 50 lakhs in NHAI bonds as compared to your LTCG. Almost 20-25 lakhs higher.
As a matter of fact, you have invested very high amount 50 lakhs in NHAI bonds as compared to your LTCG. Almost 20-25 lakhs higher.
50lakhs is the limit in investment in nhai bonds
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