Income tax section
This query is : Resolved
29 January 2014
dear sir,
A have residential flats in delhi.
he has two son b & c.
A has expired now b and c owner of the flats 50% each.
B sales on share 50% to C .
here my qus.. is that B may purchase commercial rented out property above to received flats payment amount...
IF YES PLEASE PROVIDE INCOME TAX SECTION AND RULE
A have residential flats in delhi.
he has two son b & c.
A has expired now b and c owner of the flats 50% each.
B sales on share 50% to C .
here my qus.. is that B may purchase commercial rented out property above to received flats payment amount...
IF YES PLEASE PROVIDE INCOME TAX SECTION AND RULE
29 January 2014
No section for exempting sale proceeds of flat if invested in commercial property.
30 January 2014
with thank for your reply
my question is can B purchase commercial property on the flats payment.
please advice me in detail ....looking for your side....
my question is can B purchase commercial property on the flats payment.
please advice me in detail ....looking for your side....
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