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LONG TERM CAPITAL GAIN ON COMMERCIAL PREMISES

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(Querist)
06 September 2010 I HAVE COMMERCIAL PREMISES PURCHASES IN 2006 NOW I WANT TO SALE AND BUY NEW OFFICE IN RESIDENTIAL BUILDING I WOULD LIKE TO KNOW HEATHER CAN I GET BENIFIT OF EXEMPTION
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CMA Arif Farooqui

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CMA Arif Farooqui (Expert)
14 September 2010 yes u can take exemption benefit u/s 54EC. maximum exemption u/s 54 EC is Rs 50 Lakhs
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RAKESH B SHAH

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RAKESH B SHAH (Querist)
15 September 2010 54 EC is to invest in bond
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