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Long term capital gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 November 2015 Dear Experts,
I have a query that if Long Term Capital Gain earned from sale of more than one properties can be invested in one (single) new residential property for getting Exemption
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shivaji prasad bhimavarapu

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shivaji prasad bhimavarapu (Expert)
23 November 2015 Yes. Can be claimed
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
23 November 2015 Yes, exemption can be availed.
Inference - DCIT Vs. Ranjit Vithaldas 137 ITD 267 (Mum-Tri).
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