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    <title>Which new asset should be acquired for claiming exemption under section 54EC?</title>
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    <description>Exemption under section 54EC requires investment of capital gains in bonds issued by specified public entities, including National Highway Authority of India bonds, Rural Electrification Corporation bonds, and any other bonds notified by the Central Government; HUDCO bonds redeemable after the prescribed holding period have been notified as a long-term specified asset for section 54EC purposes.</description>
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      <description>Exemption under section 54EC requires investment of capital gains in bonds issued by specified public entities, including National Highway Authority of India bonds, Rural Electrification Corporation bonds, and any other bonds notified by the Central Government; HUDCO bonds redeemable after the prescribed holding period have been notified as a long-term specified asset for section 54EC purposes.</description>
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