Long term capital gain on sale of plot
This query is : Resolved
01 November 2020
Dear sir
I sold a plot of land and earned LTCG.
I wish to invest the entire capital gain in a residential house property. However, i already have two residential house property in my name, one of which is on bank loan.. will i get exemption from LTCG tax
I sold a plot of land and earned LTCG.
I wish to invest the entire capital gain in a residential house property. However, i already have two residential house property in my name, one of which is on bank loan.. will i get exemption from LTCG tax
01 November 2020
You will not get exemption as you are having two houses.
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