Short term capital gain
This query is : Resolved
31 December 2012
is residential plot is covered under definition of residntial house property under income tax act 1961 for claiming exemption under sec 54B OF INCOME TAX ACT 1961?
31 December 2012
Plot is not a residential house.
.
Correct section for getting exemption from capital gains arising on sale of plot is Section 54F.
.
.
Correct section for getting exemption from capital gains arising on sale of plot is Section 54F.
.
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