Investment u/s 54ec (nhai bonds)

An assessee made an investment of Rs 40 Lakhs U/s 54 EC (in NHAI Bonds) to claim an exemption from Capital Gain on 20th Dec. 2014. Further the assessee died on 28th Feb 2015. Can the investment made in bonds be prematured/redeemed by the ledal heir's before the expiry of 3 years ? Further, in case the bonds are prematured/redeemed, whether the bond amount withdrawn will be taxable in the hands of the legal Heir's ?

Replies (1)

Investment can be redeemed before three years. However the same would be taxable in the hands of recepient

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
02 November 2026
Audit Executive

SRJP & Co LLP

Kochi

CA Inter

View Details
Company
10 November 2026
Direct Tax Manager

CAAQ CONSULTANCY PVT LTD

New Delhi

CA Final

View Details
Company
24 October 2026
CA Industrial Trainee

Fytomax Nutrition Private Limited

Aurangabad

CA Inter

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
14 November 2026
Manager - Indirect Tax (GST)

Westbridge Consulting LLP

New Delhi

CA

View Details
Company
13 November 2026
Accountant

New Mobile India

Muzaffarpur

B.Com

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

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details