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Capital gain

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14 April 2015 does borrowed funds (i.e. housing loans)make difference in exemption of section 54?
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
14 April 2015 The query is not clear.
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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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Mallika Shah

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Mallika Shah (Querist)
22 April 2015 my question is..does housing loan makes difference in exemption under section 54?
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
23 April 2015 The reply still remains the same.

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