Tax Saving Bonds ....Save capital gain tax ...54EC

preview_player
Показать описание
Channel name is changed to CAPITAL GROWW now. @different moods Those who do not know what is the difference between bonds and FD...
LINK of the video is given here..

In this video we have told all the details of Capital Gains Tax savings bonds 54EC..

54EC Bonds is NOT a name of a bond. It is the name of a category.

There are a few bonds that provide long term capital gains tax exemption under Section 54EC of the Income Tax Act. Hence, they got the name "54EC Bonds". 

This bond is also known as Capital Gains Bonds.

If you get long term capital gain (LTCG) by selling your real estate property, then you have to pay long term capital gains tax. There are a few methods in which you can avoid paying long term capital gains tax.

One of the methods is to invest the long term capital gain amount in 54EC bonds.

Please note that

54EC bonds is specifically for those who wants to avoid long term capital gains tax from the sale of a real estate property (land or building or both). Both residential and commercial properties will be considered

Long term capital gains from other capital assets such as Shares, Mutual Funds, Gold or Bonds will NOT be allowed to invest in 54EC bonds

Short term capital gains from any of the capital assets will NOT be allowed to invest in 54EC bonds

You should invest in 54EC bonds within 6 months from the date of sale of the real estate property to get long term capital gains tax exemption under Section 54EC of the Income Tax Act
Рекомендации по теме