Capital gain
This query is : Resolved
09 March 2016
I have purchased a land in 2009 now i am selling that property to municipal corporation. This area is within 8 Kilometer from the jurisdiction of that municipal corporation. I have purchased a property in Delhi in same year but before the sale. what will be the tax implication on me
09 March 2016
If you have purchased a residential house in Delhi you can claim exemption u/s 54f on capital gains.
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09 March 2016
if i have purchased a agricultural land. then what will be the impact??
09 March 2016
If you have sold agricultural land and purchase another agricultural land then it is exempted u/s 54 b.
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