I had my capital gain transaction on 12th of Janaury. however due to covid sighted reasons , I am not able to transfer the funds in bonds until 12th of July. is there any extension of the due date for the same... for FY19-20
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Quick Summary
This discussion explores the possibility of an extension for investing in Section 54EC capital gains bonds, particularly for those whose transactions occurred in early 2021. Several users are facing delays due to COVID-19 and are seeking clarification on whether the investment deadline has been extended, referencing potential extensions for IT returns and other fiscal deadlines. While some notifications mention extensions for FY 2020-2021 up to September 2021, clarity is sought regarding extensions up to December 2021 for earlier fiscal years.
Hello…. Can you help me get the details of the notification. I am facing similar issue where we had sold a property in Jan-Feb 21 and due to the pendamic the investment in capital gain bond got delayed beyond 6 months. I did hear that there has been an extension but cannot find the press release/notification anywhere. Kindly help