Please clarify whether LTCG arising due to non investment in Capital Gain account Scheme is eligible to set off against Long term capital loss occured due to sale of property in the same year in which above mentioned LTCG occur???
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Sec-54_deposit in capital gain account scheme
Replies (1)
Dear Shweta Mam,
yes, such set-off is allowed....
Best Regards,
CA Lovely Arora
ca.lovelyarora @ gmail.com
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