REC bond issue 54Ec

HI Pankaj

To avoid the capital gain taxation from selling a residential house one can either invest in the REC/NHAI bond investment (lock in for 3 yrs) or purchase a house .

Is this bond all time open(throught the yr) or how it is??

As one need to invest in the above one within six months of the sale of the house

Pls guide me

Regards

asked Nov 21 '12 at 00:54 by vignesh 94671323


Issue remain opens through out the year generally, so you can buy anytime.

Check these links for details: REC Capital Gain Bonds, NHAI Capital Gain Bonds

answered Nov 30 '12 at 17:06 by Pankaj Batra 5.2k320

link
Thanks......
(Dec 02 '12 at 10:24) vignesh

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Asked: Nov 21 '12 at 00:54

Seen: 1,697 times

Last updated: Dec 02 '12 at 10:24