Capital Gains - 54EC

This query is : Resolved 

01 September 2009 1. can a person who has got long term capital gains invest in bonds mentioned U/s. 54EC in installments?

2. can expemption for capital gains be obtined by investing part of the capital gains in Bonds (U/s 54EC) and a part of the capital gains U/s 54F (i.e. construction of a dwelling house)? is there any restrictions to any of the above.

01 September 2009 1. can a person who has got long term capital gains invest in bonds mentioned U/s. 54EC in installments ?

Yes, but within 6 months

2 .. can expemption for capital gains be obtined by investing part of the capital gains in Bonds (U/s 54EC) and a part of the capital gains U/s 54F (i.e. construction of a dwelling house)? is there any restrictions to any of the above

YEs

01 September 2009 Yes Agree with expert




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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries