Sir/Madam
Is Capital Gain arising on sale of a residential property in the name of an individual utilised to purchase a new joint residential property in the name of self and spouse eligible for deduction u/s 54?
Menu
Taxation of capital gains on sale of residential property
Replies (3)
He can take help of judgments of Delhi High Court in the case of CIT Vs Ravinder Kumar Arora and CIT Vs Kamal Wahal.
Thank you.
Recent Threads
- Are AI tools like ChatGPT actually useful for CA w
- UK TAX (HMRC) HELP WITH INVESTIGATIONS, DISPUTES,
- Payment processor not transferring or refunding pa
- Form 16 format
- 17(5) Blocked ITC
- Transfer of equity shares to original owner
- Login credentials and payment acknowledgement not
- Export sales not realised payment not received fro
- Capital gain account amount utilisation
- Form 26QB – Section 194-IA: TDS on Full Cons
Related Threads
CAclubindia
