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Capital gain exmption against residential property

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(Querist)
26 August 2012 I am holding two residential property now Whether I will get exemption of capital gain against third residential property?Pl reply me on kaushalkajal@gmail.com
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K Srinivas, CMA CS

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K Srinivas, CMA CS (Expert)
26 August 2012 Long term Capital gain exemption on investing in a new house is available irrespective of the number of properties an assessee holds.

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