My client is the joint owner , having the name as second joint holder in two house wants to sell a third inherited house. She wants to avail exemption u/s 54 by purchasing bond. Whether she has to invest whole consideration or can take the indexation benefit
Menu
exemption u/s 54
Replies (1)
If long term capital assets, you can invest in bond u/s 54EC with in 6 month, only capital gain
Recent Topics :
- Taxation of Gift - Father to Daughter
- TDS on Property Purchased above 50lakh
- Accounting Treatment in Tally for Restaurant Sales
- Form 146 required
- Rule 86(B) Applicability
- ROC FILINGS FY2025-26
- Mismatch in 26AS
- How Can a Trader Utilise Approximately ₹1.20
- How Can Law Students Present Papers at Conferences
- On which amount 200% penalty under section 270A is
Related Topics :
CAclubindia
