Exemption from short term capital gain
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 December 2012
i have sold a plot and short term capital gain generated and a new plot purchase, but new plot is purchsed before sold of old plot,
can i claim exemption from short term capital gain?if yes then pls provide me solution with section....
can i claim exemption from short term capital gain?if yes then pls provide me solution with section....
CA Priyank Singhi
(Expert)
28 December 2012
As per my understanding of the subject I dont think you will be able to claim exemption for the same.
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