Capital gain exemtion
This query is : Resolved
ROHIT SHARMA
(Querist)
19 April 2019
can exemption under capital gain be claimed for sections simltaneously.like
if a person sale s hose property and capital gain is 70 lakhs and he invested 40 lakhs in another property but still 30 lakhs cap. gain balance. can he invested balance amount in 54EC or any other section of 54 series.
if a person sale s hose property and capital gain is 70 lakhs and he invested 40 lakhs in another property but still 30 lakhs cap. gain balance. can he invested balance amount in 54EC or any other section of 54 series.
Nikhil Kaushik
(Expert)
19 April 2019
yes. He can do so....
Amol S Joglekar
(Expert)
19 April 2019
yes, the assessee can very well do so
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