regarding sale of property

190 views 6 replies
dear sir
with respectfully I beg to state that I have 2residential house and I sold on one residential house and in case capital gain arise ₹629735 And I invested it in purchase another residential house .will I can take deduction u/s54 if I have one residential house
plz reply soon
thank you
regards
mudit gupta
Replies (6)

Yes, you can avail exemption u/s. 54 of IT act, no restriction.

sir
I want to know that I purchase plot on 2014 and constructed by builder and I paid Installment for construction within time of construction .will I take benefit of this Installment as indexation of construction . yes benefit of indexation on 2004or 2006
plz reply soon
thank you
Regards
Mudit
sir 
I want to know that I purchase plot on 2014 and constructed by builder and I paid Installment for construction within time of construction .will I take benefit of this Installment as indexation of construction . yes benefit of indexation on 2004or 2006 
plz reply soon
thank you
Regards 
Mudit
sir 
I want to know that I purchase plot on 2004 and constructed by builder and I paid Installment for construction within time of construction .will I take benefit of this Installment as indexation of construction . yes benefit of indexation on 2004or 2006 
plz reply soon
thank you
Regards 
Mudit
sir 
I want to know that I purchase plot on 2004 and constructed by builder and I paid Installment for construction within time of construction .will I take benefit of this Installment as indexation of construction . yes benefit of indexation on 2004or 2006 
plz reply soon
thank you
Regards 
Mudit

Plot purchased in 2004; Construction of house started in 2004......... If house completed in 2006, better to take indexation from 2006, unless you have registry in 2004.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details