Capital Gain on Property Sale

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  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 Member

    YES, YOU CAN BUT NO EXEMPTION CAN CLAIMED U/S 54EC .
     
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