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Capital gain

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(Querist)
13 July 2018 claim the exemption u/s 54 which amount can be invested Capital gain realized or Net Consideration Received from sale of Property
kindly give suggestion
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CA Mayur Todmal

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CA Mayur Todmal (Expert)
13 July 2018 54 )capital gain earned
54f ) consideration
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CA Firoz khan

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CA Firoz khan (Querist)
14 July 2018 IT MEANS DIFFERENCE BETWEEN NET CONSIDERATION AND THE COST OF NEW ASSETS IS NOT DEPOSITED TO CAPITAL GAIN ACCOUNT IF THE COST OF NEW ASSETS ARE MORE THEN THE CAPITAL GAIN AMOUNT.
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