Sec 54ec

K.S.Raghu (Private service) (44 Points)

19 March 2014  


As per Sec 54EC to claim exemption for 3 years  for  LTCG the proceeds are to be invested in RECL/NHAI with in  6 months of the sale of the capital asset . If the inversment is made after 6 months say in 8th/9th month is the exemption still avilable? Pls clarify my doubt.