Easy Office
LCI Learning

capital gain exemption

This query is : Resolved 
Profile Image

Profile Image

(Querist)
15 June 2010 capital gain amount on sale of house property has been invested in REC bond and claimed the exemption u/s 54EC. The bond will be matured in the next 2 months. advise me on the taxability if the same
Profile Image

CA CS CIMA Prakash Somani

Profile Image

CA CS CIMA Prakash Somani (Expert)
15 June 2010 you will get 100% exeption of the invested amount to the extent it does not exceed net income

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links