SECTION 54EC (CAN THIS EXEMPTION BE CLAIMED MORE THAN ONCE IN A LIFETIME?)

If Exemption u/s 54EC has been claimed previously in any Financial Year against the Capital Gains of a property, then can the Exemption u/s 54EC be claimed once again against the Capital Gains of some other property sold in some other Financial Year?

Replies (3)
Quick Summary
This discussion clarifies whether the Section 54EC capital gains tax exemption can be claimed more than once in a lifetime. While the exemption cannot be claimed more than once within a single financial year, it is indeed possible to claim it for capital gains arising from the sale of different properties in separate financial years.

This exemption cannot be claimed more than once in a financial year.

Yes, eligible for different properties...

Yes, exemption can be taken in another financial year 

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