Capital gain
This query is : Resolved
21 May 2011
Can i invest money in booking of flat to avoid tax on LTCG arises out of sale of gold of rupees ten lac. ?
thanks in advance...
thanks in advance...
21 May 2011
under sec 54 you may get benefit of LTCG investment in housing property, subject to ........... for details refer sec 54 of incometax act.
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21 May 2011
Yes , you can save tax on LTCG by investing the sales proceeds in Residential House.
You can claim exemption U/s 54F.
You can claim exemption U/s 54F.
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