Ltcg
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 January 2013
Is long term capital gains exemption restricted only to two house properties?i.e If i sold a third house property then is the long term capital gains exemption available on proper investment under section 54
23 January 2013
No sir, there is no such restriction U/s 54.
.
In case of house against house, you can claim as many times as you wish, the condition required is-
"The Residential House Property being sold, should be held by you for more than 3 years.
.
.
In case of house against house, you can claim as many times as you wish, the condition required is-
"The Residential House Property being sold, should be held by you for more than 3 years.
.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 270A penalty
- GST Registration Application -Rejected
- GSTR 1- Amend Credit Note
- Supply to unit situated in SEZ
- International transfer pricing- -> father entity vs son entity ->WHERE NO mutual say in management
- Tax liability on gift amount given to blood relation
- TDS AFTER SUBMISSION OF 15G OR H
- To Whom the Professional Invoice should be Raise
- Gst registration rule 14A
- Temporary GST registration
- Problem in filing Returns for International workers in EPFO
- Clarification for reversal of IGST on transfer of duty-free imported goods from EOU to DTA unit
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- Revision under Section 264 in The Income Tax Act, 1961
- TDS under section 195.
Trending Online Classes
-
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)
Industry Expert16 November 2025
CAclubindia
