Capital gain


This query is : Open 

17 May 2016 Dear all, I am sold my house for RS.20lakhs and my brother have one house it is old. we decided to demolish my brother house and construct new one.my question is that 20lakhs can be able to claim as exception in capital gain?

17 May 2016 no, if you are buying house in own name then you can get the capital gain exemption.

19 May 2016 thank you sir

19 May 2016 thank you sir


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