Capital gains exemption: available when gains from land or building transfers are reinvested in NHAI or REC bonds. Section 54EC exempts capital gains from transfers of land, buildings, or both when the taxpayer reinvests the gains in bonds issued by the National ... Summary
Capital gains exemption: available when gains from land or building transfers are reinvested in NHAI or REC bonds.
Section 54EC exempts capital gains from transfers of land, buildings, or both when the taxpayer reinvests the gains in bonds issued by the National Highway Authority of India (NHAI) or the Rural Electrification Corporation Limited (REC).
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