Exemption on captial gain

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 December 2011 Hello,

Sold Property on 25/09/2009 for 50Lacs on which capital gain was 10Lacs
Purchase new property on 01/02/2010 of 25Lacs
Sold another property on 31/12/2010 of 60Lacs on which capital gain was 15Lacs

I am taking exemption of 10Lacs as i purchased property on 01/02/2010 for 25Lacs which is more than my Capital Gain.
Now can i take exemption of 15Lacs as purchase of HP before one year of sale is also eligible for exemption & i have not utilised full Purchase value of HP

Taranjit Singh

Taranjit Singh (Expert)
Follow

15 December 2011 Please put your query with proper dates of sale and purchase. We will answer accordingly.

Querist : Anonymous

Querist : Anonymous (Querist)

15 December 2011 Facility booking charges which includes rent,food cost,shooting charges so now TDS should be deducted under which section.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

23 July 2023 "Sorry, I am not a featured member."

For featured members contact....

https://www.caclubindia.com/catalogue/featured.asp

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Rakesh Maner

Credible HRM

Jai Solanki

Ashif Cheenikkal

sandhya.v

Subscribe Now

Exemption on captial gain

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA