Income tax sec 54ec
ritesh
(Querist) 27 March 2014
This query is : Resolved
Can anyone give advice regarding 54EC. If the amount recd from selling a house has not been put in the capitals gain tax savings bond within six months of selling the house, then what is the procedure to be followed for exemption from capital gain tax. Is there any way for capital gains tax exemption if the amount is put in a capitals gain tax savings bond after 9 months of selling.
R.K Nanda
(Expert) 27 March 2014
consult tax lawyer.