Capital gain
This query is : Resolved
08 September 2011
Hi all
If i invest in a residential prop according to 54f will i get exemption even for interiors exp ?
or only for prop value ?
Eg: 5lacs house value + Furnitures 2lacs
so for calculating 54f shoul i take 5lacs or 2 lacs
If i invest in a residential prop according to 54f will i get exemption even for interiors exp ?
or only for prop value ?
Eg: 5lacs house value + Furnitures 2lacs
so for calculating 54f shoul i take 5lacs or 2 lacs
08 September 2011
IF FURNITURE VALUE IS INCLUDING IN PROPERTY VALUE THEN YOU CAN CLAIM RS. 7 LACS.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- Stamp Paper for partnership firm change new income tax 2025
- Capital gain from sale of house property
- SFT Cash Deposit in Current Account
- Copyright software
- When TDS on GST applied
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
