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Exmption sec

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(Querist)
02 July 2015 sir may clients has sold land in urban areas in such case the short term capital gains arise.whether he can purchase any assets before due date return.also specify exemption is available at what amount,
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
02 July 2015 No exemption is available on short term capital gain.
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Rupesh Jain

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Rupesh Jain (Expert)
02 July 2015 no exemption for short term capital gain




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