Long term capital gain exemtpion 54f
This query is : Resolved
SRINIVAS.G.
(Querist)
10 July 2018
Namaste all,
Assessee own one residential House and two plots/ land. sell one plot during Dec 2017, now to claim capital gain exemption can he buy a residential building as a co buyer along with his Daughter and son in law. Though he own one Plot and one residential house in his name on the date of transfer.
Assessee own one residential House and two plots/ land. sell one plot during Dec 2017, now to claim capital gain exemption can he buy a residential building as a co buyer along with his Daughter and son in law. Though he own one Plot and one residential house in his name on the date of transfer.
CA R SEETHARAMAN
(Expert)
10 July 2018
Yes he can do so to get 54F exemption.
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