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Is it possible for investors to set-off their capital gains tax liability by investing in capital gains bonds?

April 26, 2017bonds capital gains Investing investors liability possible set-off tax

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Is it possible for investors to set-off their capital gains tax liability by investing in capital gains bonds?

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Long-term capital gain liability can be set off by investing in capital gains bonds as per the provisions of Section 54 EC. However, care should be taken to see that the investments are made within a period of 6 months from the date of transfer or before the due date of filing the return, whichever is earlier.