Capital gains bonds
Regulation & taxAlso called: 54EC bonds
The specified bonds, subscribed within six months of the transfer and locked in for five years, that carry the section 54EC exemption — available only where the gain arose on land or a building.
In plain terms
The route every Indian property seller has heard of, and it is closed to a gain on shares or units because of what the provision requires the source asset to be. There is also a prescribed annual ceiling well below the size of many property gains.