54 EC Capital gain bonds

Others 222 views 2 replies

Hello,

 

Inherited property sold.  Trying to get FMV as on April  1, 2001. If the seller invests an amount greater than the capital gain will there be any issues? Need to invest before the 6 month period.  Are these bonds available throughout the year?

Thanks

Replies (2)
Sec 54ec capital bond is applicable in case the assesse wants to invest there.
. ...

1.  No problem if invested more than LTCG.

2. Generally, the bonds are not available during April-June month for issue of next series.


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