Jagannadha Rao Kadiyala (Manager) (52 Points)
18 February 2019Sirs, I want purchase one new house by selling my old house. As I am not getting good price for my old house, I want to go for housing loan and buy newn house and later when the good price comes for old house, I want to repay the housing loan. In this case can I get the capital gains benift or not
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(163067 Points)
Replied 18 February 2019
Yes, you can get benefit u/s. 54 only if the old house property is sold within one year of purchase of new one.
PUSHP KUMAR SAHU
(CA FINAL ASPIRANT)
(3115 Points)
Replied 18 February 2019
Jagannadha Rao Kadiyala
(Manager)
(52 Points)
Replied 18 February 2019
PUSHP KUMAR SAHU
(CA FINAL ASPIRANT)
(3115 Points)
Replied 18 February 2019
CAclubindia
