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Long term capital gain

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(Querist)
15 May 2017 DEAR SIR,
MY QUERY IS....
IS COMMERCIAL PROPERTY PURCHASE ADJUST AGAINST COMMERCIAL PROPERTY SALES IN LONG TERM CAPITAL GAIN????
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CA.Sourabh Sethia

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CA.Sourabh Sethia (Expert)
16 May 2017 No
purchase of a commercial property is not allowed as exemption to LTCG

only residential house can be allowed or
purchase of other assets or investments as per all the section no 54

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