Menu
Capital Gain exemption under section 54F
can we claim LTCG exemption under section 54F on transfer of shares, bonds to purchase new house. Assessee does not have any other property in his name.
Replies (2)
Quick Summary
Yes the exemption under section 54F is available only if the assessee transfers any other asset other than residential house to purchase a new residential house.
Tenure is important
Recent Topics :
- Police Bandobost and GST Invoice
- Understanding where manual effort goes in audit wo
- Scanned purchase bills to Tally XML with GST check
- TDS applicability of foreign remittance to Oracle
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
Related Topics :
CAclubindia
