Exemption regarding section 54
This query is : Resolved
11 February 2016
Hello sir
i have a query related to section 54 of capital gains. as if i had a house propery & i sold it & then from the sale consideration i purchased 4 different residential flats in different locations .
then can i claim exemtion for all 4 houses u/s 54 ?
i have a query related to section 54 of capital gains. as if i had a house propery & i sold it & then from the sale consideration i purchased 4 different residential flats in different locations .
then can i claim exemtion for all 4 houses u/s 54 ?
11 February 2016
Exemption is allowed only for 'one residential house' w.e.f 1-4-2015 and onwards.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting our of sec 44AD
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Regarding appeal to GSTAT
- Copyright software
- Value of property in capital gain
- Regarding TDS Applicability For Director Remuneration
- LC charges in relation to Asset purchased should be Capitalised ?
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Transporter Declaration form
- Form 121 & TDS deduction
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
