CBDT – Notification No. 79 for amendment in Section 54EC

CBDT has issued notification [Notification No. 79] for amendment in Section 54EC:

1) As per CBDT notification, Central Government has notified investment in bond redeemable after three years and issued by Indian Railway Finance Corporation Limited after 8th August, 2017, as eligible investment for exemption from Long Term Capital Gain u/s 54EC of Income Tax Act, 1961.

http://www.incometaxindia.gov.in/communications/notification/notification79_2017.pdf

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