More than one relief for capital gains
This query is : Resolved
03 July 2007
Can an assessee avail more than one Capital exemption?
For example:
If an assessee has sold an industrial undertaking and invests the capital gains in 1 residential house, invests in specified Bonds, purchases a industrial land in other than urban land and also purchases a industrial land in SEZ
Can he avail exemption u/s 54EC, 54F, 54G, 54GA?
For example:
If an assessee has sold an industrial undertaking and invests the capital gains in 1 residential house, invests in specified Bonds, purchases a industrial land in other than urban land and also purchases a industrial land in SEZ
Can he avail exemption u/s 54EC, 54F, 54G, 54GA?
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
- Tax on Deemed Capital Gain
- Type of Capital Gain
- Exiting partner in partnership firm in gst portal
- Loss of interest in PF transfer from EPFO to Trust
- Banking Related Issue
- IT returns for fresh job holders
- Grand in aid
- ASMT-10 received from A O
- Taxability of credit in canara bank ET & T section (NRO)
- Traces submitting correction statement error
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
