If someone sale the house built on his abadi land, then how can he save tax on the amount received from it?
Menu
House hold property
Replies (4)
By purchase of any house property as specified u/s. 54 of IT act....
Or by purchase of capital gains bond as specified u/s. 54EC of the act..
Will the money spent to build that house be exempt?
Money spent to build any new house property will exempt the LTCG of the present house sold.
Recent Threads
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
- Query under faceless assessment
- Purchase of business
- Refund of ITC for advance paid to overseas supplie
- Clubbing query (when gifts given to multiple fami
- Transfer Pricing Audit Upload Form 3CEB - Income T
- Only a Few Pages Indexed by Google Despite Sitemap
Related Threads
CAclubindia
