Capital gain
This query is : Resolved
14 April 2015
does borrowed funds (i.e. housing loans)make difference in exemption of section 54?
14 April 2015
The query is not clear.
.
The amount of capital gains only is required to be invested for exemption U/s 54. Exemption will still be available, if additional funds have been availed through housing loan.
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The amount of capital gains only is required to be invested for exemption U/s 54. Exemption will still be available, if additional funds have been availed through housing loan.
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Message likes :
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22 April 2015
my question is..does housing loan makes difference in exemption under section 54?
23 April 2015
The reply still remains the same.
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