Capital gain exemption
This query is : Resolved
25 June 2018
father has sold residential house property and long term capital gain arising on sale of such property can be claimed as exemption by purchasing another residential house property by son under section 54 ????
long term capital gain on transfer of any long term capital asset (property is registered in the name of father) can be claimed as exemption under section 54F by son for purchase of new residential house????
long term capital gain on transfer of any long term capital asset (property is registered in the name of father) can be claimed as exemption under section 54F by son for purchase of new residential house????
25 June 2018
In both the cases father has to purchase the house property in his own name and then gift it to son to claim capital gains exemption.
25 June 2018
in whose name sale deed should be registered son or father???
25 June 2018
Father name .........
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
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- Treatment of Pension ?annuity returns on PMVY
- NON- SUBMISSION OF LLP FORM 3
- TDS related Query_Liquidated Damages
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- What is provisional receipt number for generation of form 16A
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- Free lancer income
- GSTR-4 Annual Return ! Pending Returns for F.Y. 20-21 to 22-23
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- Showing Gift from relative in ITR for this year
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
