banner_ad

Long term Capital Gains on Sold property.

Tax queries 324 views 2 replies

If I sold a plot/Site(10Yrs Old) in Dec22 and paid advance to buy new Flat in July 2023, I want to sell one 6 yrs old apartment to buy the same Flat after July 2023,   Total sold amount (Site & Apartment) less that New flat cost.

Shall I get capital gain excepemtion.

Replies (2)
Pls post values easier to comprehend.

cost of Plot sold in Dec22 : 40L, To be sold cost expcetation: 80 L 

Advance given to New flat: 60L

New Flat cost :                 : 1.3Cr


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details