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
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Capital gain tax exemption on sale of commercial plot
Replies (2)
Quick Summary
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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