Capital gain exempt when two houses sold to buy one house
This query is : Resolved
07 February 2019
The Assessee has sold two houses in an Assessment Year and bought one house with the money received. Will he get exemption from capital gain from both the houses ?
Puja Sharma
(Expert)
07 February 2019
The exemption is available when a person sell a residential property and invest in another residential property.
08 February 2019
What if he sells two residential properties to buy one residential property ? Will he get exemption from capitals gains made on both the residential houses sold ?
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