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Capital gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 December 2011 Should I claim both exemption partially u/s. 54B & 54F against sale of agriculture land (long term)
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RONAK DARJI

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RONAK DARJI (Expert)
13 December 2011 YES,You can claim both only if sale of asset is long term,(asset held more than 3 year).

Subject to such condition that documentary proof must be avail with Assesse.

Further any doubt related with Accounts,Income Tax and Insurance.you can write me on: ronak.jdarji@gmail.com
Regards,
Ronak Darji

Note:-While asking question mentioned your name,Your present location,Present Occupation,Just for my kind information.
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