Capital gains
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 May 2012
hi freinds,
my question is that, wheather Residential house with reference to capital gains tax is also include open plot for the purpose of sec.54 ?
please help me,
my question is that, wheather Residential house with reference to capital gains tax is also include open plot for the purpose of sec.54 ?
please help me,
30 May 2012
If you purchase a plot and then construct a house on the plot, then the cost of plot is eligible for deduction u/s 54.
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