Income tax exemption

Naresh Gupta (Querist) 05 September 2021 This query is : Resolved
I want to invest the amount received from sale of land in 54EC bond jointly with my wife. I was the sole owner of that land. Will I get tax exemption if I invest it as stated above?

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kavksatyanarayana (Expert) 03 April 2022
You verify whether the EC bond serves the purpose or not by consulting a local CA. In my view, some exemption is there for such investment.

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