banner_ad

Whether REC 64EC Bond allows indexation of resale property

Others 248 views 5 replies
Whether REC 64EC Bond allows indexation of resale property
A.Sundaram
Replies (5)

Yes, after indexation of property held for more than 2 years, the LT CG is arrived. The tax over it can be exempted by investment in REC 54EC bond.

Limit is 5000000/- per assessee
The doubt is I sold a property fir 41 laks After indexation the cost comes around 21 laks Whether we need to take REC 54EC Bond only for remaining 20 laks?

Correct... within six months from the sale of the property...

Yes you need to invest amount equal to LTCG I.e 20lakhs in your case.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details