Ltcg on sale of residential house
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 May 2018
Assessee has sold 3 residential houses amounting to Rs 4 crore approx and earned the LTCG of Rs say 30 lacs (Rs 15 Lac + Rs 5 Lac + Rs 10 Lac). He invested Rs 3.5 Crore to purchase new house. Is his total LTCG ie Rs 30 Lac exe. If yes, how to reflect in IT return ie 3 different entry or 1 single entry
Kindly Share your expertise
Kindly Share your expertise
28 May 2018
Exempt u/s 54 either buying one house or three houses. 3 different entry to be shown in ITR.
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
- ITR -1 Filing
- TWO FIRM NAME IN ONE GST NUMBER
- Section 54 f disallowed will be taxed at what rate
- Transportation of Petrol, Diesel by GTA and Other than GTA
- Transfer of rectification rights to ao
- Which ITR application
- Transfer of Rectification Rights to the Jurisdictional Assessing Officer
- Form 16 Issues
- IGST Refund pending since June 2022.
- Eway issued more than one
- SALES MADE THROUGH E COMMERCE OPERATOR 9(5)
- Igst utilisation query
- Section 12A(1)AC
- Interest will be paid
- CHANGE IN PARTICULARS OF DIRECTOR
- Non- payment of GST on supply of services- reg
- Accumulated surplus exceeding 15%
- Different GST Number MEESHO
- Fees amount transfer procedure for two doctors
- Notice u/s 148 of IT Act
Trending Online Classes
CAclubindia
