Long term capital gain
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 April 2011
Can long term Capital gain from two properties is adjusted against a new property??
12 April 2011
If u mean exemption u/s 54F or 54 then it is available.
16 April 2011
Hi,
Yes you can claim the benefit under Sec 54 & 54 F. Further LTCG can be invested in NHAI & REC Bonds under Sec 54 EC also.
Thank you,
Regards
CA. Lohith.J
B.Com,ACA,CS,(ICWA),SAPM Hons,ITF Hons
Yes you can claim the benefit under Sec 54 & 54 F. Further LTCG can be invested in NHAI & REC Bonds under Sec 54 EC also.
Thank you,
Regards
CA. Lohith.J
B.Com,ACA,CS,(ICWA),SAPM Hons,ITF Hons
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