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Reinvestment of short term capital gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 February 2018 just like the reinvestment of Long term capital gain u/s 54F of Income Tax Act, 1961, can we reinvest the amount of short term capital gain also?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
22 February 2018 No that is not allowed.

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