Ltcg

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
30 October 2013 can LTCG( received from sale of plot) invested for purchase of shop? whether it will allow tax exemption?

30 October 2013 No, Exemption wont be allowed in respect of purchase of shop,
Exemption U/S 54F,54EC, 54GB will be allowed under this...
on purchase of Residential property, or NHAI-RECL Bonds or investment in listed Shares of specified company...



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries