I sold 3 house properties in the last A.Y. and bought 1 h.p. from the gains of the sale of 3 h.p. in the same A.Y.
Is exemption available for the capital gains arising from the sale of all 3 h.p. or not?
Capital gain exemption 3 h.p.
Replies (3)
Quick Summary
Eligible, but need to ascertain your LTCG from the 3 HP and the investment in new HP.
Yes it's available but u will invest all LTCG
Yes, that's obvious
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