Premature withdrawal of funds from Capital Gains Deposit Account

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The Income Tax Act has laid out exemptions under Section 54 and Section 54F to help taxpayers save tax on capital gains. (1)Exemption under Section 54 is available on long-term Capital Gain on sale of a House Property. (2)Exemption under Section 54F is available on long-term Capital Gain on sa
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Kajal Jain

About the Author

Freelancer-Chartered Accountant

Proprietor at Kajal Kothari Associates. Based at Vile Parle East.Consultant in direct and INdirect taxation.

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