Long term Capital gain Exemptions
This query is : Resolved
13 November 2025
An industrial property was sold in urban area. About 90% of proceeds were used to clear liabilities accrued for a long time. Base value is very small compared to sale value. No investments were made. Please clarify other than investments any other exemptions are available for capital gain.
Dhirajlal Rambhia
(Expert)
13 November 2025
When no investment made, claiming any exemption except any cost of improvement/development not possible.
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