Question

14. Mr.Amalraj purchased a plot in 2002-03 for Rs.4,00,000 and it was sold on 15.01.2020 from Rs.14,80,000. He paid Rs.20,000 as brokerage charges. He invested Rs.2,00,000 in bonds issued by National Highway Authority of India on 31.03.2020 and Rs.3,10,000 in Bonds issued by Rural Electrification Corporation on 01.06.2020 (Both notified u/s 54EC) Computer the taxable amount of capital gain if CII for 2002-03 is 105 and for 2019-20 is 289.​

Answer 1

Answer:

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