My one is selling his vacant land. It is in the name of husband and wife. I want to know whether section 54 or 54F will be applicable. And what precaution should be taken in order to save tax.
Menu
Section 54
Replies (1)
Only section 54F will be applicable. Tax exemption only if a house is purchased Checkout the conditions u/s 54F .
Recent Topic
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
Related Topics
CAclubindia
