Capital gains exemption
This query is : Resolved
07 July 2016
An Assessee sold a residential property. He purchased a new residential house for a part of the capital gain and deposited the remaining in capital gain bonds. Can he claim both the amounts as exemption? can he claim full exemption?
07 July 2016
yes both the exemption can be claimed simultaneously
Message likes :
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07 July 2016
yes, both the exemptions cab be claimed simultaneously
Message likes :
1 times
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