I have 2 properties in navi mumbai. One was bought in 2010 and other one in 2016.
Would like to know If I can sell 2010 property to settle home loan of 2016 property without attracting any capital gain tax.
Menu
Capital tax gain for home loan repayment
Replies (2)
Quick Summary
Not eligible to claim exemption on LTCG tax, by settlement of home loan over property purchased in 2016.
Ling term Capital gain tax can be set off against sec 54 , 54EC, .
Recent Topics :
- REGARDING NRO INVESTMENT IN SHARES OF DOMESTIC COM
- DTAA benefits
- SUPPLEMENTARY AGREEMENT FOR ADDING A PARTER IN TN
- Part availmement of ITC in case of rejection of su
- Due date for itr 5 no audit with loss for fy 25 26
- Capital Gains Mismatch AIS
- Inward E-way bill from Tally Prime 7.1
- Query regarding exemption under Section 10(10AA) &
- NPO registered under sec 8 itr filing
- Form 144 (Earlier 27Q) – Reason Code (A/C/G/
Related Topics :
CAclubindia
