Date of 54EC bonds?

Pradyumna (.) (29 Points)

08 November 2022

Sale of building on 12/05 /2022

Then i gave cheque for REC bond 54EC

on 07 /11/2022 Within six months

Due date is 12/11/2022

Which date will reflect in REC bonds ?

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (178138 Points)
Replied 08 November 2022

It will be 30/11/2022 in the bond, but you can avail exemption u/s. 54EC of the act.

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Pradyumna (.) (29 Points)
Replied 08 November 2022

Originally posted by : Dhirajlal Rambhia
	It will be 30/11/2022 in the bond, but you can avail exemption u/s. 54EC of the act.

Thank you sir

Can I avail exemption if i buy after 12/11/2022 because deemed date will 30/11/2022 ?

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (178138 Points)
Replied 08 November 2022

No, You have to invest the amount within six months from the date of your transfer of LT asset.

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