Rural electrification bonds
This query is : Resolved
25 July 2009
Hello,
I want to know that for claiming deductin u/s 54EC what is the minimum amount required to be invested in RECBonds?
I want to know that for claiming deductin u/s 54EC what is the minimum amount required to be invested in RECBonds?
25 July 2009
Minimum Rs.10,000/- and maximum Rs.50,00,000/- This is the limits of the Bond. If you are asking how much amount should be deposited for 54 EC benefit, the amount of capital gains is to be invested in REC bonds for getting full benefit of exemption.
26 July 2009
agree
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