Ltcg

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30 October 2013 can LTCG( received from sale of plot) invested for purchase of shop? whether it will allow tax exemption?

30 October 2013 No, Exemption wont be allowed in respect of purchase of shop,
Exemption U/S 54F,54EC, 54GB will be allowed under this...
on purchase of Residential property, or NHAI-RECL Bonds or investment in listed Shares of specified company...


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