mines transfer

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

14 December 2010 is transfer of mines is capital gain. the realisable value invest in house property is exempt u/s 54. please suggest.

CA. R. B. SAH (Expert)
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14 December 2010 YES, BUT NO EXEMPTION U/S 54.

Bimal Thacker (Expert)
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14 December 2010 Benifit U/S 54F can be taken if other conditions are satisfied

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