Section 54ec subsequent year

I sold a property in FY 2021 and bought NHAI bonds worth 50 lakhs and claimed exemption under section 54ec. Can I sell another property in FY 2022 and buy bonds worth 50 lakhs and claim exemption again?

I was a bit confused after reading the subsequent year amendment to section 54ec. Please clarify.

Replies (3)
Quick Summary
This discussion clarifies the rules around claiming Section 54EC exemption in consecutive financial years. The user sold a property in FY 2021, invested in NHAI bonds for exemption, and now wants to know if they can do the same in FY 2022 after selling another property. The answer confirms that reinvesting capital gains into eligible bonds like NHAI bonds in a subsequent year for Section 54EC exemption is indeed permissible.

Yes certainly
Yes you can
House property to sec 54ec bonds

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