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sec 54

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220 Points Posted on 13 November 2018
when amount of capital gain of house is re-invested in purchase of shop or investment in notified govt securities this exemption is not allowed?
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On 13 November 2018 at 12:11 Report
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1276 Points Posted on 13 November 2018
Sec 54 available of there's LTCG from residential house and such LTCG invested to acquire or construct new residential house

Sec 54 not available against shop or any commercial property

And exemption for specified securities given in sec 54EC
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On 13 November 2018 at 12:27
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220 Points Posted on 13 November 2018
an assessee can claim the benefit of of section 54 EC in( nhai) along with 54 EE in notified securities
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On 13 November 2018 at 12:33
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12244 Points Posted on 13 November 2018
yes only deduction in respect of 54ec will be allowed proportionately to the amount of capital gain invested in nhai bonds
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On 13 November 2018 at 21:38


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