Question : Do I need to reinvest in tax saving bonds (Sec 54) after they mature or can I invest anywhere I want?
Based on your answers I understand that if I invest the long term capital gains amount after selling house property, I have to pay tax only on the interest received on the long term capital gains tax saving bonds (Sec 54). After the bonds mature is it essential to invest in similar bonds or can I invest in other investment options like shares, mutual funds etc.?
- asked by maze_nav
All Answers:
Answer #1
if the financial instrument is named as tax savingbonds, then u can invest the gain anywhere.
- answered by muhammed
Answer #2
after maturity of bonds, you can invest in anyinstruments. the past tax benefits avaied by youare unaffected.
- answered by sunlightsublime
Answer #3
Once the Tax saving bonds matured, you are free. You can invest the same money as you like. Noconditions at all.
- answered by N.J.Reddy
Answer #4
the money received back from these bonds aftermaturity is completely at your disposal . u can dowhat u want with it. this amount isnot taxable,but the income, if any , earned from this amountwill be taxable
- answered by ikki
| 
measure and fulfill your financial needs
