I have acquired a new residential
house property in this year (2017), 0f Rs 40L white, of which 30L is arranged by bank loan, after a month my commercial property was sold and i got 15L white from it.. How should i represent it in my income tax returns? , can i settle it with bank loan and take benefit of exemption u/s 54F??? Please help someone
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exemption under sec 54F
Replies (2)
yes u can claim the benefit of capital gain on sale of commercial property u/s 54F and settle the amount of consideration received with the bank loan
Can i get some expert advice please...?!?!
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