Hi in a case, the assesse sold two housing plots in the year 2017 which was bought in the year 2010. So for the current year CGT arises. But the sale consideration was invested to buy a residential house in the name of SON. whether we can claim cgt exemption under sec 54F? Please help.
Menu
Capital gain tax
Replies (1)
By act No.
But some case law may favour you, if you have invested the sale proceeds in the residential property.
Recent Topics :
- DTAA benefits
- SUPPLEMENTARY AGREEMENT FOR ADDING A PARTER IN TN
- Part availmement of ITC in case of rejection of su
- Due date for itr 5 no audit with loss for fy 25 26
- Capital Gains Mismatch AIS
- Inward E-way bill from Tally Prime 7.1
- Query regarding exemption under Section 10(10AA) &
- NPO registered under sec 8 itr filing
- Form 144 (Earlier 27Q) – Reason Code (A/C/G/
- Nps taxation
Related Topics :
CAclubindia
