54ec bond
This query is : Resolved
deepak goyal
(Querist)
09 February 2016
SIR CAN I PURCHASE BOND UNDER SEC 54EC OF INCOME TAX ACT , FOR SAVING CAPITAL GAIN , AFTER DETATH OF MY FATHER ,
Ashish Bansal
(Expert)
10 February 2016
My understanding about your case is:
Your father has attained Capital Gain on sale of Capital Assets but before making any investment u/s 54EC or other eligible sections, he passed away.
If above is correct, you as legal representative and the legal heir should be eligible to make investment out of sale consideration if same is done within time permitted u/s 54EC.
Your father has attained Capital Gain on sale of Capital Assets but before making any investment u/s 54EC or other eligible sections, he passed away.
If above is correct, you as legal representative and the legal heir should be eligible to make investment out of sale consideration if same is done within time permitted u/s 54EC.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
