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Capital gain

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22 July 2013 Hello Friends!! I want to ask all of you that "RESIDENTIAL PLOT are covered or not under definition of RESIDENTIAL HOUSE" and it's exemption is available or not u/s 54.
Please reply!!
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CA Pooja Agarwal

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CA Pooja Agarwal (Expert)
22 July 2013 residential plot is not covered as "residential houde" u/s 54
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PRASHANT SHARMA

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PRASHANT SHARMA (Querist)
06 August 2013 Thank You Mam!
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