28 December 2010
This year I sold three lands of costing X amount. Now as I cannot claim section 54F as I possess two house in my name. As such I don't have any option then to invest in section 54ec for bond. What should I do, as I don't want to invest my amount in 54ec at 6% int rate and also want to avoid tax. Please let me know how should I deal this. I have got too much of land reserve and in future I will face this same problem, so is there any good way or better way to get into something.
CAclubindia
