I have acquired a new residential
house property in this year (2017), 0f Rs 40L white, of which 30L is arranged by bank loan, after a month my commercial property was sold and i got 15L white from it.. How should i represent it in my income tax returns? , can i settle it with bank loan and take FULL BENEFIT OF EXEMPTION earned from commercial property u/s 54F??? Is anything taxable under income from capital gain? Expert advice needed.. Please help someone
Menu
can i get full exemption u/s 54F???
Replies (1)
Yes. I agreed with Mr Dhirajlal Rambhia Sir.,
Thank you for the reply Sir...
@ Jayesh.,
You can't get full exemption....
Thank you for the reply Sir...
@ Jayesh.,
You can't get full exemption....
Recent Topic
- INCOME FROM CLOSING OF NSS -1992 -EXEMPT UNDER W
- GPF AND COMMUTED PENSION RECEIVED
- How do I choose the correct trademark class? Can I
- Error in totalling salary amount in AIS
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
Related Topics
CAclubindia
