Easy Office
LCI Learning

Long term capital gain

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
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 .
Profile Image

AVTAR SINGH

Profile Image

AVTAR SINGH (Expert)
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.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
05 August 2014 Dear Sir
UNDER AMENDMENT SEC 54 SOME CHANGES ARE MENTIONED .
KINDLY CONFIRM SIR AS ON TODAY .
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
05 August 2014 the amendment is for section 54F, not for 54.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links