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Long term capital gain

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Querist : Anonymous (Querist)
12 April 2011 Can long term Capital gain from two properties is adjusted against a new property??

12 April 2011 If u mean exemption u/s 54F or 54 then it is available.

16 April 2011 Hi,

Yes you can claim the benefit under Sec 54 & 54 F. Further LTCG can be invested in NHAI & REC Bonds under Sec 54 EC also.

Thank you,

Regards
CA. Lohith.J
B.Com,ACA,CS,(ICWA),SAPM Hons,ITF Hons




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