I have purchased a plot from my earnings for Rs. 15,00,000. But after 4 Months i sold my ancestral property for Rs. 7,50,000. I would like to know wether i get any exemption on capital gain from sale of ancestral property?
Menu
Capital gain from ancestral property
Replies (1)
is it an agricultural land and agriculture has been done inthe last 2 years
Recent Topic
- Tax obligation in AY 2026-27
- EFILING ITR2 FROM COMMON FILING UTILITY
- SBI gold bond interest
- PPF Interest Exempt - But what drop down to choose
- Itr2 or itr3 intraday trade 1 loss of 70 paise
- Calculation of IT
- CA FINAL FR IndAS 33 Doubt(Corrected)
- Clarification Needed: Reporting Accrued vs Paid FD
- TDS on prize given to participants in Livestock sh
- TDS related matter - 194 IA
Related Topics
CAclubindia
