Capital Gains ( Housing Loan Repayment of old house )
This query is : Resolved
27 March 2023
Hello,
I have sold a inherited property ( Flat ) in April 2022. Can I repay my old Housing Loan ( 6 yrs old ) and take exemption benefit.
I have sold a inherited property ( Flat ) in April 2022. Can I repay my old Housing Loan ( 6 yrs old ) and take exemption benefit.
27 March 2023
No. Not eligible for exemption u/s. 54 of IT act.
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