16 December 2010
Dear Expert, My assessee has sold long term capital asset on 10.06.2010, now he wants to invest in NHAI bonds eligible for Sec.54 EC , Now my query is time limit of 6 months for investment in said bonds is from date of transfer or date of month in which long term capital asset transfer? If it is from date of transfer,then can he still invest?
CAclubindia
