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CG Tax Exemption

Tax planning 393 views 1 replies

Hello Sir/Madam,

I have made some considerable Long term capital gains by selling shares in Q1 of FY2022-23. I would like to check if I can claim capital gains tax exemption under any of the various sections of 54.

On the date of transfer of original asset, I own a residential house and I am also part of two new housing societies in which residential house is getting constructed in each society.

Am I eligible for capital gains tax exemption by investing the net consideration in any of the other assets?

 

Thanks,

Srikanth

 

Replies (1)
None other than capital gain .


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