{"id":1090,"date":"2020-12-24T16:08:19","date_gmt":"2020-12-24T16:08:19","guid":{"rendered":"http:\/\/tabelionatoalves.com.br\/?p=1090"},"modified":"2024-12-13T23:39:18","modified_gmt":"2024-12-13T23:39:18","slug":"section-54ec-deduction-on-ltcg-through-capital","status":"publish","type":"post","link":"http:\/\/tabelionatoalves.com.br\/?p=1090","title":{"rendered":"Section 54EC- Deduction on LTCG Through Capital Gain Bonds"},"content":{"rendered":"

\"54ec<\/p>\n

Are you looking to sell your property but are worried about paying tax for gains? We tell you how to save on taxes on any long-term capital gain. A long-term capital gain is any revenue that you get from the sale of an asset. According to the Income Tax Act, you are liable to pay tax for such gains. However, you can reduce the liability of these taxes.Invest in section 54EC bonds, also commonly known as capital gain bonds, to avail tax deductions in the future.<\/p>\n<\/p>\n

No, you can\u2019t redeem the investment before the maturity of bonds i.e. before how to make a healthy homemade protein shake<\/a> 5 years from the date of investment. If you redeem bonds before their maturity, the exemption granted under Section 54EC will not be granted and you will have to pay LTCG tax on the original capital gains amount. We assume 7.5 per cent to strike a balance between risk (higher yield but higher risk) and reward (lower yield but lower risk). Taxation at 30 per cent means a net return of approximately 5.25 per cent.<\/p>\n<\/p>\n

UGRO Capital Limited- A Look into Bond Public Issue<\/h2>\n<\/p>\n

We do not sell or rent your contact information to third parties. You can apply for the 54 EC bonds offline (Physical) and online. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. These bonds are highly secure, sovereign in nature with a AAA rating. Abhishek Soni is a Chartered Accountant by profession & entrepreneur by passion. Tax2win is amongst the top 25 emerging startups of Asia and authorized ERI by the Income Tax Department.<\/p>\n<\/p>\n

Bonds Eligible for Exemption Under Section 54EC of the Income Tax Act<\/h2>\n<\/p>\n

\"54ec<\/p>\n

The lock-in period for 54EC Bonds is 5 years, during what is an invoice<\/a> which the invested amount cannot be redeemed or transferred. The amount should be invested within a period of 6 months from the date of transfer. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.<\/p>\n<\/p>\n

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  1. You can buy these bonds online through the respective company\u2019s website or contact a broker.<\/li>\n
  2. Yes, the exemption under Section 54EC can be claimed multiple times related to the same property, subject to the overall limit of Rs.50 lakhs per financial year.<\/li>\n
  3. These bonds have five years lock-in period and interest payable annually at the rate of 5.75 percent.<\/li>\n
  4. Schedule a call with an investment expert to get complete help regarding investment in 54EC Bonds in India.<\/li>\n
  5. The exemption claimed under section 54EC would be withdrawn, in case the long term specified asset is transferred or converted into the money before the expiry of the period of three years or five years, as the case may be.<\/li>\n<\/ol>\n

    Capital Gains Bonds for Tax Exemption under Section 54EC<\/h2>\n<\/p>\n