banner_ad

Partial capital gains

262 views 1 replies
If I have capital gains of Rs. 90 lacs, after adjusting losses from long term losses from equities. My net sale amount of the property is 140 lacs, If i wish to purchase property worth 80 lacs in one yrs time. Can I deposit only 80lacs in capital gains account before filing of the return and on rest amount I can pay capgain taxes. If i have already paid the advance tax, is there any problem in getting the refund of taxes.
Replies (1)

Yes, you can claim exemption of partial CG, and adjust the remaining or pay CG tax over it.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
04 May 2026
Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details