Exemption on income tax
This query is : Resolved
Quick Summary
06 February 2023
I wish to know if I can get exemption of income tax on capital gain if I purchase a flat in
Feb 2023 and sell another property in Dec 2023 .
Feb 2023 and sell another property in Dec 2023 .
06 February 2023
Yes, provided the capital gain from sold house property has Long Term cap Gain.
08 February 2023
Thanks a lot for such a prompt reply.
08 February 2023
You are welcome.
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