15 August 2018
A person purchase a resential flat for Rs 75,00,000/- in 2007 & sold the flat in 2017 for 1,20,00,000/- and purchased a new house for Rs 2,11,00,000/- in 2017 with housing loan of Rs 1,70,00,000/- besides this he already has another house purchase 20 years back. is the person elgibile for capital gain exemption??
CAclubindia
