Easy Office
LCI Learning

Are investment in commercial flat is exempted in capital gai

This query is : Resolved 
Profile Image

Profile Image

(Querist)
27 April 2013 assesssee has sale residential flat of Rs 5.5 lacs indexation cost of flat Rs 2 lacs and assesssee purchase commercial flat 3.5 lacs are 3.5 lacs exempted under capital gain or taxable under capital gain
Profile Image

kunal

Profile Image

kunal (Expert)
27 April 2013 query is not clear..

you cannot claim any exemption u/s 54/54F for purchase of commercial Flat..

it should be of residential use
Profile Image

Sumit Singla

Profile Image

Sumit Singla (Querist)
27 April 2013 SIR WHAT THING YOU DO NOT CLEAR
Upgrade to CAclubindia Pro. Subscribe Now!


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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links