To avoid tax on capital gain

This query is : Resolved 

24 June 2019 Dear sir,

I have sold my flat and its attracts Capital gain, so I want to avoid tax on capital gain so i am planning to purchase room in chawl system. Is it taxable or Exempted

Nandkishor

25 June 2019 Purchase of residential property within 2 years of sale of residential property is allowed as exemption u/s 54

25 June 2019 Dear Madam,
Thanx, but i want to know about i am purchasing Chawl room where no Stamp Duty registration require only Notarized Sale Deed will be prepare, is it ok, or need to invest in flat only.
Nandkishor Gandhi




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries