Capital gain
This query is : Resolved
rajni agrawal
(Querist)
21 March 2012
Hi Friends,
i have a query regarding Capital Gain.
If a Person is selling his commercial property or shop and reinvesting it in another new Commercial property or shop, then is any exemption available to him regarding long term Capital gain arising due to this?
i have a query regarding Capital Gain.
If a Person is selling his commercial property or shop and reinvesting it in another new Commercial property or shop, then is any exemption available to him regarding long term Capital gain arising due to this?
Prakash Kochar
(Expert)
24 March 2012
Under the situation no exemption is available
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