banner_ad

Capital Gain on 2 house property

This query is : Resolved 
Profile Image

Profile Image

(Querist)
30 June 2010 suppose we sale a house property in March 2010 and one house property sale in april 2010 and purchase a house property in april 2010 from the sale consideration of both the assets.
so how I can claim LTCG from both sale consideration.
Profile Image

Aditya Maheshwari

Profile Image

Aditya Maheshwari (Expert)
30 June 2010 Exemption will be available in your case u/s 54. No need to worry.

Prepare two computation statements of LTCG and consider the amount of exemption available u/s 54 and tax the balance if any in the next year computation i. e. F. Y. 2010 - 11
Profile Image

Bharath Kumar

Profile Image

Bharath Kumar (Expert)
12 July 2010 Exemption under 54 is not limited to purchase of one property. You can invest in more than 01 property
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details