In order to enjoy exemption under section 54EC, the resultant long-term capital gains should be invested in specified bonds within a period of ______ from the date of transfer.
CS Executive · Tax Laws and Practice · PYQS · June 2015
In order to enjoy exemption under section 54EC, the resultant long-term capital gains should be invested in specified bonds within a period of ______ from the date of transfer.
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Income Tax
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