tax saving bond

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 February 2016 I have sold a flat from which capital gain tax is arise 50000/-(Approx) , I want invest the fund in capital gain saving bond, so please suggest how much amount I have to deposit for benefit of tax exemption and which bond is beneficial for me.

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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19 February 2016 you have to deposit Entire Capital Gain u/s 54 EC Maximum investment limit of up to Rs. 50 Lakhs in a Financial Year RECL (Rural Electrification Corporation Ltd),NHAI (National Highways Authority of India)