SECTION 54EC

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accounts manager
82 Points Posted on 29 December 2020
An assessee sold land on 26/02/20 (FY 2019-20) and recd LTCG of Rs 350000.Now what is the last date of investment so that he can claim exemption u/s 54EC ??
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On 29 December 2020 at 20:39 Report
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An individual sold land in February 2020, realising a long-term capital gain (LTCG) of Rs 350,000. They are seeking clarification on the final date to invest this amount to be eligible for exemption under Section 54EC of the Income Tax Act. The options considered are by the return filing due date, by the end of the month, or before August 26, 2020.

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Student
360 Points Posted on 30 December 2020
Deposit by return filing due date
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On 30 December 2020 at 01:34
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Tax consultant
5895 Points Posted on 30 December 2020
By the end of month
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On 30 December 2020 at 07:15
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524 Points Posted on 30 December 2020
Before 26/08/2020
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On 30 December 2020 at 09:54

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