Menu
Confusion : long term capital gain in excess of 50 lakhs
LTCG is above 50 lakhs and do not want to buy another property what to do
if i invest 50 lajhs in specified bonds and the rest in residential property, how much is exempt
entire gain already invested in PSU bank Captial gain account. how to transfer 60 lacs to bonds
someone plese guide
Replies (1)
Exemption u/s 54EC shall be resitricted only to 50 Lacs. However you may ,simultaneously , opt for exemptions under other sections [54,54F,54GB]
Note that in some cases you have to invest net consideration and in some you have to invest capital gain.
Recent Topic
- Can i should STCG and LTCG as business income ?
- Capital contribution in Firm
- Form 3CD – Clause 20(b) | ESI Contribution &
- Capital Gains on Dissolution of Partnership
- GST Payment through DRC-03 by cash against notice
- Schedule EI for ITR1
- INCOME TAX DEPARTMENT: DOUBLE STANDARDS
- ITR-4,under presumptive Taxation
- TDS data mismatch with SFT
- Resale of under construction Residential Flat part
Related Topics
CAclubindia
