54EC in case of LTGC
Radhika Ajmera (CA IN practice) (163 Points)
24 July 2020
Whether 54 ec bond can be purchased upto 31.7 where long term capital gain arises on 12.12.2019
1 Replies
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 24 July 2020
In your case you can purchased bond to claim exemption u/s 54EC up to 30th day of September, 2020 or before filing your return u/s 139 (due date 30th November 2020) for F.Y 2019-20.
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