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Purchasing capital gain bonds

284 views 5 replies
i had sold a house property and to save capital gain,i have to purchase capital gain bonds.

But the issue is, i had asked every broking firm, banks,post office...but no body is having such bonds.

Can anyone tell me from where i can get these bonds?
Replies (5)

As per the provisions of section 54EC, capital gains arising on the transfer of long-term capital assets shall be exempt provided the following conditions are satisfied:

  • The asset should be a long-term capital asset, being land, building or both
  • The capital gains should be invested within 6 months from the date of the transfer of the asset
  • The amount is invested in specified capital gain bonds of
  • Rural Electrification Corporation(REC),
  • National Highway Authority of India(NHAI),
  • Power Finance Corporation Limited(PFC) or
  • Indian Railway Finance Corporation Limited(IRFC)
  • The maximum limit under the section is Rs. 50 lakhs. To conclude, the maximum investment amount cannot exceed Rs. 50 lakhs.
Sir can we purchase them from there website

Yes, they offer online services for purchase.

For offline purchase, some agents offer such services.

Please visit any Stock Holding Corporation of India branch.....they have all such forms and they will accept such forms
Sec 54EC EXEMPTION IS AVAILABLE SUBJECT TO SPECIFIC TENURE.


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