REC Bonds Issued. Hurry Up!
June 5, 2008 by taxworry · Leave a Comment
We want to invest interest gained on National Saving Certificates in REC or NHA bonds. Can we get benefit under Sec. 54-EC ? Babu hai Choudhari , Ahmedabad Have you read ?
I sold my plot in Dec2007 and got Long Term Capital Gain of about Rs.7.6 Lacs. Currently there is no TAX Saving Bonds Scheme available from NABARD, REC & NHAI where this amount can be invested to save TAX. V K Gupta, Sonepat
Issue Highlights of 54EC Bonds – Series VIII Information Memorandum of 54EC Bonds – Series VIII Application Form of 54 EC Bonds – Series VIII (SAMPLE) (Application Form can be downloaded from the website : http://rec.rcmcdelhi.com)
Interest on REC Bond Is Taxable Yearwise!






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