Deduction capital gain
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 May 2015
1) a person sold assets (commercial shop) (LTCG),now he want to buy new residential house. he already have another house by will.
any deduction can be taken for capital gain?
any deduction can be taken for capital gain?
20 May 2015
In my opinion you will not get the exemption u/s 54F as you are already having a residential house by will.
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