Capital gain us 54
This query is : Resolved
27 December 2014
can i claim capital gain of on sale of plot us 54 if take residencial property??
pls guide
28 December 2014
Land alone can't be treated as residential property for the purpose of the section 54.
however you can claim exemption under section 54F of the said section, subject of fulfillment of certain conditions
however you can claim exemption under section 54F of the said section, subject of fulfillment of certain conditions
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