I have sold a house purchased during 2002 recently for 30 Lacs. The capital gain was 6 lacs. To get Capital Gain exemption whether I have to invest 30 lacs or 6 lacs to buy a new house. Regards
K V RAMA MOHAN RAO (Service) (66 Points)
06 September 2017I have sold a house purchased during 2002 recently for 30 Lacs. The capital gain was 6 lacs. To get Capital Gain exemption whether I have to invest 30 lacs or 6 lacs to buy a new house. Regards
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160342 Points)
Replied 06 September 2017
"I have sold a house purchased during 2002 recently for 30 Lacs. The capital gain was 6 lacs. "
To get Capital Gain exemption whether you have to invest 6 lacs to buy a new house, u/s. 54
K V RAMA MOHAN RAO
(Service)
(66 Points)
Replied 06 September 2017
Please clarify whether 6 lacs or 30 lacs to be invested
sunil reddy
(CA articleship)
(44 Points)
Replied 06 September 2017
CA. Nirmeet Shah
(Chartered Accountant)
(716 Points)
Replied 07 September 2017
Ashwin Kumar
(1229 Points)
Replied 07 September 2017
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