CAPITAL GAIN ON SALE OF TWO PROPERTIES

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MOHIT SABOO (Querist)
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23 July 2022 Respected all members,

Please guide me on the following question

Is there any exemption against LTCG , if anyone sales one commercial property and one residential property and purchase one residential property from the proceeds of both the properties ?

Thanks in Advance

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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23 July 2022 Yes, claim section 54 exemption for sale of residential house and claim section 54F exemption for sale of commercial property.
Claim exemption for both the properties in buying single residential house.

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