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why plot purchase lone is not rebated from income tax
plot purchase loan not rebated from income tax
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House constructed over plot is given exemption under sec, 54, 54F, etc., because it comes under basic needs like Roti, Kapda. Makan of citizens; which Government has to provide. while many other assets not directly useful like Gold, Jewellery, plot/land etc, are used as investment i.e. to get capital gain and hence they are TAXED.
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