I sold house property in march 19 and has LTCG on it of rs. 337480.
My query is that
whether i get deduction under section 54,if i purchase a plot of land for the purpose of construction of new house property before 31st july 2019.Does this purchase cost of land considered as cost of construction.
When an individual sells a residential property and buys another residential property, he will be eligible for exemption under Section 54.
T R SOOD & CO
New Delhi
CA Inter
View Details
Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
View Details
SMJ global advisors pvt ltd
New Delhi
B.Com
View Details
Shaswat initial support private limited
Ahmedabad
CS
View Details
CAclubindia
