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Long term capital gain TAX EXEMPTION

This query is : Resolved 

12 December 2021 can i purchase old /existing house/flat /floor out of long term capital gain on sale of residential house within 2 year of sale?

12 December 2021 Yes, you can purchase or construct old/new residential house/Flat within specified time limit to get deduction u/s. 54/F of IT act.



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