investments for ltcg tax

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RETIRED
98 Points Posted on 30 December 2018
I have to invest in NHAI OR REC bonds to claim exemption from LTCG tax..Since I am 69 years old ,can I invest in joint names with my daughter's,wife
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On 30 December 2018 at 14:08 Report
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SEO Sai Gr. Hosp.
212503 Points Posted on 30 December 2018

Yes, First holder should be yourself, & investment should be from your account.

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On 30 December 2018 at 14:12
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student
5205 Points Posted on 30 December 2018

Sir One of my friends father invested in NHAI bonds some days ago.i.e. in oct 18 he expired now in Dec 18 what to do plz tell

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On 30 December 2018 at 16:27
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SEO Sai Gr. Hosp.
212503 Points Posted on 30 December 2018

If ready to pay CG tax, ask for redemption; otherwise intimate the authority to change the certificate in nominee's favor.

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On 30 December 2018 at 19:32

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