Sec 54 capital gains exemption


This query is : Resolved 

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You're asking if selling gold jewellery purchased between 1980 and 2000 can be exempt from capital gains tax when reinvested in residential property. While Section 54 doesn't apply, you may be eligible for an exemption under Section 54F.

28 June 2021 can i sell my gold jewellery and invest in a residential property and claim exemption of capital gains
under sec 54 -- i was married in 1980 and since have invested in gold jewellery till 2000 thanks

28 June 2021 You can take benefit of 54F

30 June 2021 Not under section 54 but under 54F.


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