26 March 2012
within 6 months from the date of transfer of the asset, the assessee should invest whole or part capital gain in specified bonds. These bonds are redeemable after 3 years. maximum investment in bonds is 50 lac in any F.Y. So if you have more than 50 lac capital gain then only 50 lac investment will be eligible for 54EC inspite of you have invested full capital gain.
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