CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 02 April 2020
have to purchase residential property to avail exemption
In your case , capital gain will be attracted
CA ARPIT BANGA
(job )
(376 Points)
Replied 03 April 2020
Spurto Consultancy Services
(Consultant)
(1891 Points)
Replied 03 April 2020
No exemption will be available u/s 54 if invested in commercial property.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
