You will have to pay taxes on any capital gains you make from selling residential real estate. One can reduce capital gains taxes in a few different ways. Investing in designated tax-saving bonds under Section 54 EC Bonds of the Income Tax Act is one way to do this. However, if you want to save tax and want to invest in a specified tax-saving bond, you can reach out to us at 7834834444. What Are 54EC Bonds? Bonds for capital gains or 54EC Bonds are a special kind of investment that can be taxed outgoing when long-term immovable property (land or building) is sold for a profit. In accordance with Section 54EC of the Income Tax Act of 1961, 54EC Bonds, are Fixed Income instruments that grant investors an exemption from capital gains tax. If an investor invests the amount accumulated as capital gains in certain designated bonds, they will not be required to pay taxes on any long-term capital gains resulting from the sale of any property. Since these bonds are being issued by specific a