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Long Term Capital Gains Tax
No you can't. you need to invest in residential property only to claim exemption
So what is the definition of residential property in Income Tax ?
The definition is in the name itself, residential property, which is used for our daily living, also in each section,it is clearly stated as invest in residential property to claim exemption. income tax act does not defines any residential property
Ok thank u so much sir
You are most welcome
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