Long Term Capital Gains from Selling of Land

226 views 1 replies

Hi,

What is the time period under which one can invest in Government bonds  (54EC) to Save tax on income from selling of a piece of land?

Income tax website says it should be withing 6 months of the transfer but some of the bank website says

"Investment in NHAI,REC,PFC and IRFC bonds should be made within 6 months from the date of sale of the property or before filing their income tax returns."

In our case transfer happened in Month of NOV 2021

Any guidance will really help in deciding. 

Thanks, in Advance

 

Replies (1)

By end of May 2022. 

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 16 July 2026
Article Assistant

G A R U D & Associates

New Delhi

CA Inter

View Details
Company
16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT , CA SemiQualifie

Vakilsearch.com

Chennai

CA Inter

View Details
Company
21 July 2026
Chartered Accountant

Keshri & Associates

Thiruvananthapuram

CA

View Details
Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 23 July 2026
Article

Gianender & Associates

New Delhi

CA Inter

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details