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Capital gains from sale of urban agricultural land

This query is : Resolved 

29 July 2019 I have sold an urban agricultural land within the city limits. I have a huge capital gains due to this. I own 2 residental properties. I have let out on rent both of them. I do not have self occupied property still now. can I buy a new residental property for self occupation and adjust the capital gain under section 54.

30 July 2019 You already own 2 houses hence 54f exemption not available. Buy agricultural land 54B exemption available.


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