Income tax

CA Shikha Sharma (Ceo) (3869 Points)

20 April 2019  

[From Exemptions Chapter ] Section- 54.. If an individual sells his house property and start constructing a new one and spend a part of his LTCG obtained from earlier house But at time of filling Income tax return deposits remaining part of LTCG in Capital gain account scheme So which amount will be exempted..? Whole CG or part of CG deposited