Question ID : 2686

Exemption u.s. 54EC - investment to be made from 01.04.2006

For my Q.no. 2875 regardg exemption u.s. 54 EC answer was given by Mr Satyanaran (Answer ID 3922) where it has been stated that bonds will be avaible on or befor 30.09.2006. Perhaps the quion has not been understood correctly. The serious concern is for those who have to v now i.e. from 01.04.2006 onwards for whom 6 months period is over for sale made Oct,Nov 2005. Notification of Bonds and extention of time of atleast one month from the date of notification the from CBDT is urgently needed to redress the genue hardship. '

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