Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Tax Exemption for Capital Gains Available Under Section 54EC: Invest in NHAI or REC Bonds to Qualify</h1> Section 54EC of the Income Tax Act provides an exemption from capital gains tax for individuals who transfer land, buildings, or both, provided they invest the gains in specified bonds. These bonds must be issued by the National Highway Authority of India (NHAI) or the Rural Electrification Corporation Limited (REC). This provision is designed to encourage investment in infrastructure by offering tax incentives.