How to Claim Capital Gain Tax Exemption on Redevelopment Projects?

Chaitra Seetharam , Last updated: 27 September 2024  
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Section 45 of the Income Tax Act, 1961, provides that any profits or gains arising from the transfer of a capital asset effected in the previous year will be chargeable to income tax under the head 'Capital Gains'. If the land or building or both have been held for less than 24 months, then short t

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Chaitra Seetharam
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Category Income Tax   Report

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