CBDT grants 54EC status to IREDA bonds; investors can claim up to ₹50 lakh LTCG exemption
As per the notification, any bond issued by IREDA on or after the effective date and redeemable after five years will qualify for long-term capital gains tax exemption under section 54EC.
As per the notification, any bond issued by IREDA on or after the effective date and redeemable after five years will qualify for long-term capital gains tax exemption under section 54EC.
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