Bansal Capital

Christopher Road, Kolkata, West Bengal
Service Provider
Contact Supplier
  • Legal Status of Firm

    Limited Company (Ltd./Pvt.Ltd.)

  • Indiamart Member Since

    Dec 2013

Tax Planners

Get Latest Price
 
 
 
1. Long Term Capital Asset Long term assets means any capital asset held by assessee for more than 3 Years.
 
2. If assesee has sold the Long term capital asset during the previous year and made a long term capital gain then he can invest money of capital gain in Capital gain bonds and can save tax on long term capital gain.
 
3. Assessee here means all type of assessees,like individual,firm company etc.
 
4. Amount to be invested in bonds is only capital gain not net consideration received on sale of long term capital asset
 
5. Amount exempted under this section will be amount of capital gain or amount invested in capital gain bond which ever is lower maximum up to 50Lakh(see note below)
 
6. These Bonds Maturity Period is Three years
View Complete Details
Get Latest PriceRequest a quote
Tax Planners

Product Details

Company Details

Product Description

Capital Gain be saved Under Sec 54EC or Sec 54F, if the land or property sold is non agriculture. We deal in such bonds which qualify for Sec 54EC Bonds.

  • Tax can be saved under Section 54 EC by investing in bonds
  • Tax can be saved under Section 54 F by investment in New residential house

To claim Section 54 EC following conditions is to be satisfied.

   
  1. Long Term Capital Asset Long term assets means any capital asset held by assessee for more than 3 Years.
 
  2. If assesee has sold the Long term capital asset during the previous year and made a long term capital gain then he can invest money of capital gain in Capital gain bonds and can save tax on long term capital gain.
 
  3. Assessee here means all type of assessees,like individual,firm company etc.
 
  4. Amount to be invested in bonds is only capital gain not net consideration received on sale of long term capital asset
 
  5. Amount exempted under this section will be amount of capital gain or amount invested in capital gain bond which ever is lower maximum up to 50Lakh(see note below)
 
  6. These Bonds Maturity Period is Three years
 
  7. Capital gain bonds eligible under this section are now can be issued only by REC or NABARD
 
  8. Bonds can not be pledged ,sold transfer before completion of three year from purchase of bonds ,and in case its transferred then amount capital gain exempted on investment in these bonds will be made taxable in that previous year as Long term capital gain .
 
  9. Amount of capital gain should be invested in Capital gain bond within 6 Month from date of transfer/sale of capital asset .
 

One more good news for you that 50 lakh Limit is for each financial year .As your six month limit is fall in two different Financial years so you can save 50 lakh in fy 2008-09 and 50 lakh in 2009-10.so one can save upto maximum of one crore of capital gain u/s 54EC.

Call us or send your requirement for 54EC Bonds.


Interested in this product?Get Latest Price from the seller
Contact Seller

About the Company

Legal Status of FirmLimited Company (Ltd./Pvt.Ltd.)
Nature of BusinessService Provider
IndiaMART Member SinceDec 2013
At Bansal Capital, we adopt a structured and disciplined advisory approach and provide you portfolio solutions which meet your desired financial goals and milestones.
At Bansal Capital, we offer you a complete range of solutions that complement our advisory services. The range includes a combination of best of breed proprietary and non proprietary (third party) products. The approach is to recommend you product solutions within your overall asset allocation in an unbiased manner after evaluating all the options available in the market.
Bansal Capital aspires to be the Wealth Management company of choice for affluent Indians.
Explore the comprehensive array of advisory services, programs, and products we offer designed to support optimal wealth creation and protection. To plan for the distribution of assets, it is important to develop and adhere to a thorough, well-thought-out plan. What will be given, to whom, and when should be planned well ahead of time to ensure the protection of the estate and, therefore, of successive generations. It is critical to have the support and dedication of your highly-skilled team at Bansal Capital to plan to use the most appropriate protection and transference vehicles to ensure that your estate is prepared for distribution with optimal protection and efficiency.
Tax Planners
Tax Planners
termsprivacy policy

Seller Contact Details

Sanjay Agarwal

No. 61, Christopher Road, Christopher Road Kolkata - 700046, West Bengal, India

Get Directions
Send SMS
Send Email