Capital Gain on Property Sale

Share
Share This Thread
  1. sumeet mittal

    sumeet mittal New Member

    Hi,
    1) I sold my property in Oct,2016
    2) Within Six months of sale date i opened a capital gain account in nationalized bank.
    3) Now i want to buy Capital Gain Bonds by closing the capital gain account. Is it possible as i met the criteria of 6 months by opening a capital gain account but want to buy bonds now which is after 6 months?

    Regards,
     
  2. Naveen Chand

    Naveen Chand New Member

    YES, YOU CAN BUT NO EXEMPTION CAN CLAIMED U/S 54EC .
     
Draft saved Draft deleted
Loading...
Similar Threads Forum Date
Speculation and short term capital gain Income Tax Friday at 5:58 PM
Long term capital gain tax on sale of industrial property Income Tax Apr 17, 2017
Long term capital gain reinvested jointly with son Income Tax Apr 14, 2017
Capital gains Income Tax Apr 10, 2017
capital gain tax Income Tax Apr 3, 2017