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Sale of property for repayment of loan

This query is : Resolved 

18 July 2024 Hi Everyone,

In February 2024, I sold my property and used the proceeds to repay a loan taken by my company (CC limit), my company is Pvt Ltd. Given this specific scenario, I would like to understand if there are any deductions or exemptions available that could be applied to the capital gains arising from this sale.

18 July 2024 No deduction can be claimed against capital gain, in this scenario.



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