banner_ad

Procedure for redeemtion capital gain bonds under 54ec

Tax queries 159 views 1 replies

What is the procedure for redeemption of capital gain bonds invested under 54ec ?

Whether we have to open Capital gains account in bank and than we can transfer to our savings account ??

Please clarify the procedure

Thanking you in advance

 

Replies (1)
the money that you had invested in capital gains bonds under 54ec will get back credited to your bank account after 3 years as per the bank details provided. there is no requirement of opening capital gains account. that is required when you want to invest in a residential property and are unable to utilize the whole capital gains before due date of filing your return


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details