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Section 54

shivam garg (47 Points)

01 October 2020  
Whether
Exemption Amount = Purchase Cost of property + expenses ancilllary to purchase like stamp duty etc.

or

Exemption Amount = Only Purchase Cost of property

 2 Replies

Sunil Sunny Kumar (61 Points)
Replied 01 October 2020

Question revised provide more inputs. exemption depends on more information. LTCG and STCG.
1 Like

shivam garg (47 Points)
Replied 01 October 2020

It's LTCG and assume that all the conditions of Section 54 have been satisfied

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