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Capital gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
31 July 2014 Hi,

If I sell my Office located in India and invest the consideration received from that for my son's eduction abroad, will the capital gain be exempted?

Thanks

31 July 2014 no then entire capital gain is taxable...........................

31 July 2014 there are certain way to get exemption of LTCG, like you have to invest the money for buying house within specified time limit, or u may invest the money in NHIA bonds for 3 years u/s 54 EC.






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