captial gains
This query is : Resolved
17 August 2016
one of the assesse has sold his house for 52 lakhs in cash and such cash is gifted to his daughter . is there is any capital gain tax ??
17 August 2016
Capital gain tax is payable on the sale of house for 52 lacs.
17 August 2016
ok but how to get exemption from capital gain tax
17 August 2016
Either you have to buy another house or deposit under 54EC bonds.
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