What are the investments notified by the Govt u/s 54EE to claim exemption from Capital Gains?
Sec 54ee - eligible investments
CA J.Alamelu lakshmi (Chartered Accountant) (857 Points)
13 February 2017
5 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183048 Points)
Replied 13 February 2017
No specific notification till date. Some specified units by Mutual Funds for investment/ loan for start up India were supposed to be announced, but.....
CA J.Alamelu lakshmi
(Chartered Accountant)
(857 Points)
Replied 13 February 2017
But what are we supposed to do if one is looking into options for investing his LTCG? Such a provision is existent in the FY 2016-17 yet couldn't be made use of.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183048 Points)
Replied 13 February 2017
At present only section 54EC capital bonds are available, for such exemption.
Balasubramanian Iyer
(2 Points)
Replied 08 December 2017
IS 54EE in ddition to 54EC. Which means the total investment that qualifies Capital gains exemption will be Rs. 1 Crore (Rs. 50 lakhs under each of sections 54EC and Section 54EE). Please clarify.
Has the government announced any bonds under Section 54EE, now that we are in December 2017.
SHIVAM KUMAR
(STUDENT)
(22 Points)
Replied 07 March 2018
YES THE EXEMPTION OF SEC 54EC AND SEC 54EE CAN BE LAIMED SEPERATELY i.e., RS 1 CRORE(Rs.50 LAKHS + Rs.50 LAKHS) CAN BE CLAIMED.
NO BONDS HAS BEEN SPECIFIED BY CENTRAL GOVT. TILL DATE
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