16 March 2010
I have to pay long term capital gain.. any option available instead of 54ec bonds.? please guide me as early as possible ... and thanks in advance....
16 March 2010
Invest the sale consideration in a residential house before the due date of filing of the return of income and take the benefit of exemption u/s 54F. For other conditions, pl read section 54F.
if the LTCG is from sale of a R.house, then exemption may be availed u/s 54 by investing the amount of capital gains in a new residential house. For conditions, see section 54.
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