What is the time limit for the purchase of REC/NHAI bonds to save long term capital Gain? The capital asset was sold on 02/5/2011.
Ashok Monga (Adviser) (161 Points)
16 January 2012What is the time limit for the purchase of REC/NHAI bonds to save long term capital Gain? The capital asset was sold on 02/5/2011.
CA Neil Ganatra
(Partner - Gautam Joshi & Co.)
(871 Points)
Replied 16 January 2012
The time limit is 6 months
CA.Praveen Ponnappa
(CA PRactice)
(128 Points)
Replied 16 January 2012
6 months from the date of transfer
CA LOVELY ARORA
(C.A. B.Com (H) Graduate)
(2151 Points)
Replied 16 January 2012
agree with above..... 6 months from date of transfer..... which has been lapsed (02.11.2011) in your case....
PRATEEK
(ACA)
(102 Points)
Replied 16 January 2012
Six months from the date of transfer of Asset and restricted to the maximum amount of 50 lacs .
CS,CA F,Numrologi TusharSampat
(CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)
(85930 Points)
Replied 16 January 2012
| Originally posted by : LOVE ARORA | ||
 |
agree with above..... 6 months from date of transfer..... which has been lapsed (02.11.2011) in your case.... |
|
AGREED.
Akash Shiv Sarawgi
(-)
(420 Points)
Replied 17 January 2012
Section 54 EC. 6 months from the date of transfer. Unlucky for you. 
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8310 Points)
Replied 17 January 2012
| Originally posted by : PRATEEK | ||
|
|
Six months from the date of transfer of Asset and restricted to the maximum amount of 50 lacs . |
 |
KARANDEEP,CA,B.Com,CS FNL
(JOB)
(457 Points)
Replied 17 January 2012
| Originally posted by : LOVE ARORA | ||
 |
agree with above..... 6 months from date of transfer..... which has been lapsed (02.11.2011) in your case.... |
|
Agreed
Mihir Doshi
(B.Com, CA, CS, LLB)
(2187 Points)
Replied 17 January 2012
6 months from date of transfer
monoo gupta
(gwalior)
(29 Points)
Replied 18 January 2012
yes i agree with above if we purches nhai bond with in 6 month from the date of transfer of assets.
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