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Tax relief for long term capital gain on sale of house property.
is that any tax relief for a assessee owns two house property out of which he sale one. which will if it will be sold termed as long term capital gain.
Replies (2)
yes you can either invest the capital gains in another residential property on or before filing your return of income or within 6 months from date of transfer invest only upto 50lacs in capital gains tax savings bonds with a lock in of 5years
refering to exemption against the capital gain
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