Capital Gain Bond (54EC)
Capital Gain Bond (54 EC) :- According to Section 54 EC of IT Act, any person (Individual, HUFs, Partnership Firms, Companies etc) can avail exemption in respect of long term Capital gains (arising from the sale of land or property) , if the capital gain is invested in Capital Gain Bond. The exemption will be the amount of Capital Gain or the amount of investment made, whichever is less and has to be availed within six months of the sale of land / property.
Features
Issuers for Capital Gain Bonds
Disclaimer - StockHolding Corporation of India Limited (SHCIL) acts only as a mediator between its clients and the company inviting/accepting fixed deposits, known as Principal Company.
Neither Stockholding nor its employees, officers or permitted assigns accept any liability whatsoever, for any direct or consequential loss arising however from any investment made or otherwise arising in connection herewith.