Long term capital gain
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 October 2014
CAN LONG TERM CAPITAL GAIN OUT OF SALE OF PROPERTY BE INVESTED IN TWO DIFFERENT FLATS IN DIFFERENT LOCATION TO SAVE CAPITAL GAIN TAX.
13 October 2014
Yes
One can do multiple investments
Place doesn't matter
One can do multiple investments
Place doesn't matter
13 October 2014
Dear Vikas,
Kindly refer to amendments made to section 54 and 54F with effect from AY 2015-16.
Kindly refer to amendments made to section 54 and 54F with effect from AY 2015-16.
13 October 2014
dear querist,
after amendments to section 54 and 54F of the Income-tax Act, 1961, wef AY 2015-16, you cannot invest in multiple houses.
after amendments to section 54 and 54F of the Income-tax Act, 1961, wef AY 2015-16, you cannot invest in multiple houses.
13 October 2014
Thanks Nikhil Ji
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
CAclubindia
