capital gain exemption

no ,only allowed r exp r expences on transfer . on the remaining u have to pay LTCG/STCG as the caes may be however u can claim exemption u/s54 but to claim this exemption u either have to purchase a new house propery or construct

get the details of the section fron the share files it is available there

Dear sir,

I want to know that if a person sell his house property situated at Mumbai and he purchase another house property in Austrilia then can he claim long term capital gain exemption on house property purchased in Austrilia