A friend has sold two properties ( both had a long term capital gain) can the gain is adjusted againt buying a new property???
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Long term capital gain
Replies (3)
Definitely.
If it is a Residential Property then it can be claimed under sec 54F
Yes, Agree with SIVASIVA
we can make adjustments if it is a Residential Property then it can be claimed under sec 54F
sec 54 F exemption...
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