Long Term Capital Gain Tqx

149 views
User Avatar

9 Points Posted on 06 June 2022

I have sold a Commercial Property ( Shop) in 2022. Now to avoid Long Term Capital Tax I am thinking of buying an agriculture land. Is it allowed? Can I buy residential property instead? How can I plan my LTCG. 

Thanks in advance. 

0 Reply Share Follow
On 06 June 2022 at 21:24 Report
Replies (2)
Quick Summary
This discussion explores strategies to mitigate Long Term Capital Gains Tax (LTCG) after selling a commercial property. The user is considering purchasing agricultural land to offset the tax and asks if this is permissible. Alternatives such as buying a residential property or investing in Section 54EC capital infrastructure bonds are also raised as potential tax-saving avenues.

User Avatar

Chartered Accountant
86505 Points Posted on 06 June 2022
Either invest in Residential House Property or Bonds.
2 Reply
On 06 June 2022 at 21:44
User Avatar

Profession
28271 Points Posted on 07 June 2022
Sec 54EC -CAPITAL INFRASTRUCTURE BONDS
SEC 54F RESIDENTIAL HOUSE
1 Reply
On 07 June 2022 at 05:54

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Criteria to hire an article
  2. Guidence requested for a Finance Professional with
  3. Expert Opinion Required – Form 140 Gross Amo
  4. WRONG TAX DEMAND - formal responses , rectificatio
  5. Foreign remittance
  6. Affordable Residential Flats in Gurgaon
  7. Manufacturing
  8. TAN REGISTRATION ON E-FILLING SITE
  9. Form 10-IEA – Continuing Old Regime
  10. Income tax act 2026

More recent discussions | Post

Related Topics :

Loading