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Section 54ec

Others 573 views 4 replies

Hello, If an assessee invest his capital gains in section 54EC to avoid to pay capital gains. The investments lock in period is 3 years . I want to know that at the redemption of such bond under section 54EC will be taxable to the assessee ????

Replies (4)
Interest is taxable, not the principal amount.

agree with mihir

yes only interest is taxable...
Only inteRest component is taxable and not principal


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