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Income Tax - Highlights / Catch Notes

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Benefit of Section 54EC - Amount invested in bonds issued by ...


Investor Qualifies for Tax Benefits on NHAI Bonds u/s 54EC; Timely Investment Ensures Compliance with Tax Law.

June 24, 2022

Case Laws     Income Tax     AT

Benefit of Section 54EC - Amount invested in bonds issued by NHAI - Period of limitation for investment - the investment made by the Appellant in bonds issued by NHAI on 06.03.2013 falls with the period of six calendar months and thus, meets the requirement of Section 54EC of the Act. - the Appellant is entitled to benefit of section 54EC of the Act in respect of amount invested in bonds issued by NHAI. - AT

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