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Exemption u/s 54

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 June 2013 If we purchase one residential house on EMI basis and if we will sell the same property with in 6 month from completion of EMI(Full Settlement) then whether it is STCG and LTCG?
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CA Kapil Verma

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CA Kapil Verma (Expert)
04 June 2013 Tax will be calculated under Short term Capital gain

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