Capital Gains on Industrial Property...

Aarti Kathuria (Director) (29 Points)

18 April 2025  

Hello,

 

I have an HUF proprietorship firm and a long term investment in industrial property in the name of the firm. If I intend to sell that property and invest the amount in another industrial property within th same financial year, would th capital gains tax come in to effect? Would I be liable to pay for the same?

 

I know if I invest in residential then I would be exempt but here the selling & buying, both properties are industrial. 

 

Requesting expert CAs to advice on same. Thank you.