Capital gain
This query is : Resolved
12 February 2013
Dear sir
I want to ask that if we sale agricultre land then which the amount received from agriculture land that can invest only in agriculture land or House property also.............. plz solve this
I want to ask that if we sale agricultre land then which the amount received from agriculture land that can invest only in agriculture land or House property also.............. plz solve this
12 February 2013
there are two ways for tax planning for capital gain when you sold the agreeculture land....
after satisfing all the condition of section 54
you can get the benefit
1. u/s. 54B - by investiong capital gain amount in agreeculture land
and 2. u/s. 54F by investing it in house property
after satisfing all the condition of section 54
you can get the benefit
1. u/s. 54B - by investiong capital gain amount in agreeculture land
and 2. u/s. 54F by investing it in house property
12 February 2013
what is the exemption limit of these too if we choose either 1st or 2nd condition
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