Capital gain exemption
This query is : Resolved
19 June 2014
SIR WE ARE SOLD THE AGRICULTURE LAND IN THE YEAR 2008-09 AND WE ARE NOT PURCHASED THE NEW LAND TILL DATE. SO THAT WE ARE ENTITLED FOR EXEMPTION U/S 54B.
19 June 2014
no you are not. you were supposed to purchase it within 2 years
19 June 2014
for exemption for u/s 54B you have to but land with in two year from date of tfr.
now you cannot take exemption benefit.
now you cannot take exemption benefit.
24 June 2014
the ans is no.......................................................
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
OR add as source on Google news
- Acquisition of a society by a company
- Rebate Under 87A Issue
- Transfer of immovable property without consideration
- Gratuity not yet paid shown in form 16
- FORM 115BAC
- TDS/TCS Claimed and Refund received in previous year
- HRA in ITR 2 FY 2024-25
- ITC Utilization on vehicle repair
- 2.25 CRORE TRADER, NO CASH TRANSACTIONS,3CD APPLICABLE?
- GST Applicability on Fair Price Shop Commission Income
- Export invoice not reported
- Reporting of Omitted B2C sales and credit note
- Sales bill mistakenly not uploaded
- Ca Articleship extension Matter
- Mis report in excel format of hospital
- Tax invoice in special case
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- GST on Restaurant service
Trending Online Classes
-
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
CA Nipun Arora03 September 2025 -
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Industry Expert15 September 2025
OR add as source on Google news
CAclubindia
