Capital gain exemptiob
This query is : Resolved
02 March 2019
One of my client has sold one house property and 2 lands.
All were situated at three different places.
And bought a house property.
My query is can he able to adjust the value of house property purchased against all the capital gains he had out of all three assets sold?
All were situated at three different places.
And bought a house property.
My query is can he able to adjust the value of house property purchased against all the capital gains he had out of all three assets sold?
02 March 2019
Yes, the claim of exemption cannot be denied if the other conditions of Sec. 54 were being fulfilled.
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