LTCG exemption -6 month deadline

This discussion addresses the consequences of missing the 6-month deadline to invest in specific bonds (IRFC, NHAI, PFC, REC) for Long Term Capital Gains (LTCG) tax exemption. Unfortunately, investing in Sovereign Gold Bonds (SGB) is not eligible for this exemption under Section 54EC, and the deadline for the specified bonds has passed. The primary alternative suggested is to invest in another property within three years, ensuring the LTCG amount is deposited into a Capital Gains Account Scheme (CGAS) before filing your tax return to claim the deduction.