Exemption from long term capital gains tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 November 2011
Dear experts one of my client has sold his vacant land and is in receipt of long term capital gains, to claim exemptions he intend to purchase the house property, but he is already having one house property in his name
pl clarify
pl clarify
CA PARAS BAFNA
(Expert)
06 November 2011
He can purchase one more residential property
and can avail deduction U/s 54F.
and can avail deduction U/s 54F.
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