Capital gain tax exemption on sale of commercial plot

I want details for exemption on capital gain tax on sale of commercial property plot.

If purchasing of Residencial property within one year of sale of said property, can it be exemption for exemption ?

Thanks in advance for any replies and suggestions.

Mukesh Ladia
Replies (2)
Quick Summary
This discussion explores capital gains tax exemption rules for the sale of commercial property plots. It clarifies that purchasing a residential property within one year of the sale can qualify for exemption under Section 54F. The conversation also touches upon the indexation cost for properties purchased before 1981, questioning whether Jantri values from 1981, 1991, or 2001 would apply.

Yes same is exempted u/s 54F
If said property is purchased before 50 years, what will be indexing cost of said property, as of Jantri of 1981, 1991 or 2001

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