banner_ad

capital Gain Tax on Second House Sale

193 views 4 replies
Dear Sir

I have two House. Previous year 16-17 I sale my second house and purchase new house. I am eligible for getting capital gain tax banifit .
Replies (4)

Yes, if the house sold was held for more than 3 years, and other compliance as per section 54 are satisfied.

as per amendment in sec 54 in 2015 about one house I am eligible.
as per amendment in sec 54 in 2015 about one house I am eligible.
As per Section 54 , the assessee has to purchase one residential house in India against the sell of residential house in order to get exemption.

Accordingly you are eligible for exemption u/s 54


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details