Section 54EC Bonds

Section 54EC Capital Gain Bonds Calculator

Compute tax exemption on Long Term Capital Gains from real estate sale by investing in 54EC Bonds (NHAI, REC, PFC, IRFC) up to ₹50 Lakhs.

Capital Gain & Bond Investment Details

LTCG on transfer of land or building.

Statutory ceiling: Max ₹50,00,000 / FY.

5-Year Lock-in & 5.25% Annual Coupon

54EC bonds feature a mandatory 5-year lock-in period with zero premature redemption or loan pledge capability. Annual interest rate is currently ~5.25% p.a. (taxable).

Section 54EC Output Exemption Active

Eligible 54EC Exemption ₹50,00,000
Net Taxable Capital Gain ₹15,00,000
Estimated Tax Saved 12.5% LTCG + 4% Cess
₹6,50,000

Full ₹50 Lakh statutory cap utilized for tax saving.

Section 54EC: Capital Gain Exemption on Notified Bonds

Section 54EC of the Income Tax Act provides capital gains tax exemption on Long Term Capital Gains arising from the transfer of land, building, or both (residential or commercial immovable property), provided the gain is invested in specified government infrastructure bonds within 6 months.

Notified Bond Issuers

  • National Highways Authority of India (NHAI).
  • Rural Electrification Corporation Limited (REC).
  • Power Finance Corporation Limited (PFC).
  • Indian Railway Finance Corporation Limited (IRFC).

Strict Statutory Constraints

Real Estate Only: LTCG from shares, mutual funds, or gold CANNOT be invested in 54EC bonds.
₹50 Lakh Limit: Maximum investment allowed is ₹50 Lakhs per financial year across all issues.
6-Month Deadline: Must invest strictly within 6 months from property sale deed execution date.

Key Features of Section 54EC Capital Gain Bonds

Feature Statutory Rule
Eligible Asset SoldLand or Building or both (Long-Term only)
Maximum Investment Cap₹50,00,000 (Fifty Lakhs)
Mandatory Lock-in Period5 Years (Non-transferable, no loans allowed)
Annual Coupon Rate~5.25% p.a. (Interest is fully taxable at slab rates)
TDS on Bond Interest0% TDS (TDS is exempt under Section 193)

Frequently Asked Questions

Is interest earned on 54EC bonds tax-free?

No. While the capital gain invested in the bond is 100% tax-exempt, the annual interest (approx 5.25% p.a.) is fully taxable under "Income from Other Sources" at your applicable slab rate.

Can I take a bank loan against Section 54EC bonds?

No. If the bonds are pledged, mortgaged, or converted into money before 5 years, the capital gain originally exempted will be revoked and taxed as Long Term Capital Gain in the year of such violation.

Can I combine Section 54 (house purchase) and Section 54EC (bonds)?

Yes. A taxpayer can claim Section 54 exemption for the portion reinvested in a residential house and claim Section 54EC exemption (up to ₹50 Lakhs) for the balance gain in bonds.

Viren K. Used Tool
Converted PDF to Editable Word Document
📍 Singapore 📄 PDF Tool ⏱️ 12 seconds ago