Investment in Bonds u/s 54 EC

For the purpose of claiming exemption u/s 54EC, whether the entire sale proceeds are to be invested in bonds or only the net consideration equal to the capital gains is to be invested

asked Mar 12 '11 at 11:20 by maduraibala 1111

As per details about section 54EC on income tax website, only the capital gains part is to be invested into capital gain bonds.

answered Mar 14 '11 at 04:59 by pankaj 5.2k320


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Asked: Mar 12 '11 at 11:20

Seen: 1,641 times

Last updated: Mar 14 '11 at 04:59