in case of long term capital gain on sale of house property, if new property purchased in joint name of 100 lac and assessee share is 65 lac ,
in ITR - 2, information u/s 54
" cost of new residential house" amount will be 100 lac or 65 lac ?
"amount of deduction claimed " is it should 65 lac or else .
| Originally posted by : Kapadia Pravin | ||
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For section 54 benefits, amount of 65 lakhs will be considered as invested into new house property. Please share the ITR-2 sec 54 details I have to furnish like cost of new residential house, and amount of deduction claimed |
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Please share the ITR-2 sec 54 details I have to furnish like :- cost of new residential house, and amount of deduction claimed
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