banner_ad

New rule on capital gains (cg) - important

Circulars 603 views 2 replies

Hi Sweet Guys out there.

I had a query about tax on Capital Gains (CG) on account of property sale.
I knew that whatever CG on account of property sale I have in a FY, if I invest in another property with proof, then it will not attract CG Tax.
But a friend tells me that new rules have come in from this year (2018) that if I have more than one property then I will have to pay tax on the CG amount irrespective of the fact that I invest or not.

Could you please enlighten me further.

Thanks.

<3

Replies (2)

Nothing like that. I think your friend is totally wrong

Yes, get more details about amendment in any section of the act.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
04 May 2026
Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details