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Jun 25, 2024 · Section 54EC. When a taxpayer sells long-term immovable property (land or building or both), they have the option to avail capital gain exemption under Section 54EC by investing in certain bonds.
Oct 10, 2020 · The provisions of section 54EC are explained herein below . 1. All categories of persons are eligible to avail exemption benefit under section 54EC of the Income Tax Act. 2. Section 54EC exemption is available only towards the capital gain arisen on account of transfer of long term capital asset (being land or building or both). 3.
Apr 25, 2024 · Explore Section 54EC and how it offers deductions on Long-Term Capital Gains (LTCG) through Capital Gain Bonds. Learn how to save on taxes while investing in these bonds for a secure financial future.
Oct 26, 2020 · Provisions under section 54EC provide exemption capital gain arisen on transfer of Long Term Capital Assets (whether land or building or both) when the amount is invested in specified bonds. This article discusses provisions of Sec 54EC of the Income Tax Act.
54EC bonds: Explore the features, tax benefits, and investment options for 54EC capital gain bonds. Start Investing in bonds under section 54ec with HDFC Securities today!
Jun 18, 2024 · These bonds are named after Section 54EC of the Income Tax Act, 1961, it allows investors to save tax on long term capital gains, which comes from the sale and transfer of immovable assets like land and building, by investing the gains in these bonds.
Section 54EC of the Income Tax Act allows individuals to reduce tax liability by claiming tax exemptions on the Long-Term Capital Gains by investing the profits arising from a sale of a long-term capital asset on specific capital gain bonds. To know more information about it, keep reading.
