Income Tax on Capital Gains
This query is : Resolved
Tapas Majumdar
(Querist)
30 January 2009
I have recently sold my old house in Kolkata. I already have another house in Gurgaon where I live now. I am building a self-contained flat with kitchen and bathroom on top of the roof of this house. Will this newly constructed flat qualify for reduction in my capital gains tax?
Tapas Majumdar
Tapas Majumdar
CA Nitin Wadhwani
(Expert)
08 February 2009
Yes.
Absolutely.
Absolutely.
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