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Capital gain 54 gb
can i claim exemption under 54 gb irrespective of house property transfer?
Replies (1)
You cannot claim an exemption under Section 54GB without transferring a residential property. If your capital gain arose from the sale of an asset other than residential property, Section 54GB will not apply. You should verify the type of asset you transferred and check if you might qualify under a different section like 54F.
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