Section 54

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

or

Exemption Amount = Only Purchase Cost of property
Replies (2)
Quick Summary
This discussion clarifies the calculation of the exemption amount under Section 54 for Capital Gains Tax. It addresses whether the exemption covers only the property's purchase cost or if it also includes ancillary expenses like stamp duty. The focus is on Long Term Capital Gains (LTCG) where all conditions for Section 54 are met.

Question revised provide more inputs. exemption depends on more information. LTCG and STCG.
It's LTCG and assume that all the conditions of Section 54 have been satisfied

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