Capital gain

This query is : Resolved

Report Abuse Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

13 December 2011 Should I claim both exemption partially u/s. 54B & 54F against sale of agriculture land (long term)

RONAK DARJI

RONAK DARJI (Expert)
Follow

13 December 2011 YES,You can claim both only if sale of asset is long term,(asset held more than 3 year).

Subject to such condition that documentary proof must be avail with Assesse.

Further any doubt related with Accounts,Income Tax and Insurance.you can write me on: ronak.jdarji@gmail.com
Regards,
Ronak Darji

Note:-While asking question mentioned your name,Your present location,Present Occupation,Just for my kind information.