Capital gain
This query is : Resolved
27 March 2012
how to calcultae capital gain us 54f
28 March 2012
Section 54F provides exemption from long term capital gain of the NET SALE CONSIDERATION (Sale price less expenses on transfer) are invested in a residential house property.
The exemption can be calculated by the following formula:
LTCG*Amount Invested/Net Sale Consideration
The balance amount shall be taxable.
The exemption can be calculated by the following formula:
LTCG*Amount Invested/Net Sale Consideration
The balance amount shall be taxable.
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