The Central Board of Direct Taxes (CBDT) under the Ministry of Finance has officially designated bonds issued by the Indian Renewable Energy Development Agency (IREDA) as “long-term specified assets” ...

Did our AI summary help? Can a taxpayer who sold a business property after claiming depreciation for decades may still claim Section 54EC exemption? Today's Ask Wallet Wise query decodes whether 54EC ...

54EC bonds offer a tax exemption on long-term capital gains if bought withing six months of selling the asset. Illustration: Pixabay When you sell property or assets and make substantial capital gains ...

New Delhi: The Central Board of Direct Taxes (CBDT) has notified bonds issued by Indian Renewable Energy Development Agency Ltd. (IREDA) as "long-term specified assets" that are eligible for tax ...

How do you define Capital Gain Bonds? 54EC, also known as Capital Gain Bonds, are investments in bonds that can help you to save on tax. Capital Gain Bonds have been specifically designed to help ...

Did our AI summary help? Wondering if you can save on capital gains if you invest ancestral house sale proceeds in bonds and property? Today’s Ask Wallet Wise explains how the exemption works under ...

New Delhi: If you just sold property and want to avoid the 12.5 percent long-term capital gains tax, Section 54EC bonds might look tempting. These government-backed bonds, available from REC, NHAI, ...

CBDT grants long-term specified asset status to Ireda bonds, aiding green energy financing The Central Board of Direct Taxes (CBDT), under the Ministry of Finance, has notified bonds issued by the ...

The Central Board of Direct Taxes under the Ministry of Finance has notified bonds issued by Indian Renewable Energy Development Agency as ‘long-term specified asset’ under section 54EC of the ...