Hello Sir/Madam, Need to understand tax implication and if LTCG can be relaxed. A person withdraws equity mutual funds over 15 Lakhs held for over1 year to fund his under construction property. Possession is in Oct 2024. Can this person claim rebate on LTCG as he is investing in Property?
Which ITR form he should file in this case. He is a salaried person with no other income.
CAclubindia
