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Capital Gain Exemption

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(Querist)
07 February 2020 I had sold a property and gain was Rs.900000 which i have kept in Capital Gain Account Scheme. Now i am planning to buy a house against home loan.
If i use this money kept in Capital Gain Account to repay the housing loan then whether can i get Sec.54 Exemption against capital gain?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
07 February 2020 Yes you can get sec 54 exemption in such a case.
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