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Home List Manuals Income TaxIncome Tax - Frequently Asked Questions (FAQs)FAQs on Exemption available from Capital gains This

Income Tax - Frequently Asked Questions (FAQs)

FAQs on Exemption available from Capital gains

What is the maximum amount of exemption allowed under section 54EC?

  • Contents

Ans.   The amount of exemption will be the lower of the following:

  • The amount of capital gains, whether long-term or short-term;
  • The amount invested in specified bonds; or
  • Rs. 50,00,000


 

 

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