Capital gain
This query is : Resolved
04 July 2013
I have sold house(long term capital).
thereafter i purchasr agriculture land in the same financial year.
my quesion is that will i get any exemption or deductio in this case.....?
thereafter i purchasr agriculture land in the same financial year.
my quesion is that will i get any exemption or deductio in this case.....?
04 July 2013
No Benefit available.
.
You have to reverse the case.
.
If you would have sold the agriculture land and against it have purchased a house, you might get exemption U/s 54F.
.
.
You have to reverse the case.
.
If you would have sold the agriculture land and against it have purchased a house, you might get exemption U/s 54F.
.
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