Long term capital gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 August 2014 DEAR Sir / madam

I have one query .
If I have 2 residental Property and I would like to sale 1 residental property and purchase 1 residential property .
Then will I get capital gain benefit or not .

Kindly Help .

04 August 2014 You can claim exemption u/s 54 with regard to sale of any house property provided the sold house property was held for more than 3 years.

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 August 2014 Dear Sir
UNDER AMENDMENT SEC 54 SOME CHANGES ARE MENTIONED .
KINDLY CONFIRM SIR AS ON TODAY .


05 August 2014 the amendment is for section 54F, not for 54.



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