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Capital gain on gold ornament sale

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(Querist)
19 November 2013 SIR.
PLEASE LET ME KNOW CAN LONG TERM CAP.GAIN ON SALE OF GOLD BE AVOIDED BY INVESTING IN SHOP PREMISES ?


THANKS & REGARDS

THANKS

YASHIL NAGDA
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CA Pallav Singhania

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CA Pallav Singhania (Expert)
19 November 2013 No,
However you can claim exemption U/S 54F and 54EC...
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
22 November 2013 Agreed with aryan.
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