Bonds u/s 54ec
This query is : Resolved
11 January 2019
Dear exeprts,
as NHAI/REC Bonds limit is maximum 50 lacs in a year within 6 months from the date of sale.
Property is sold in jan 18.
My query is can i invest 50 lacs till march and then 50 lacs upto july, as financial year change?
as NHAI/REC Bonds limit is maximum 50 lacs in a year within 6 months from the date of sale.
Property is sold in jan 18.
My query is can i invest 50 lacs till march and then 50 lacs upto july, as financial year change?
11 January 2019
you can invest upto July.
11 January 2019
by this i can avail 1 cr bond for exeption or not?
12 January 2019
believe the act is very clear that the maximum limit for exemption is 50 lacs. I hope you are looking at the act too.
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