Menu
Capital Gains exemption
any commercial property sold and in turn purchased a residential property OR any immovable property can exemption be claimed under Income Tax?
Replies (2)
Exemption for LT capital gains is available only when residential property is purchased/constructed.
Or when its invested in capital gains bonds.
only on purchase/construction of residential property and investment in NHAI and RECL Bonds
Recent Topics :
- Understanding where manual effort goes in audit wo
- Scanned purchase bills to Tally XML with GST check
- TDS applicability of foreign remittance to Oracle
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
Related Topics :
CAclubindia
