A land has been sold at short term capital gain of rs 750000 where to invest to save tax?
Ashim kr Ray (social service) (1695 Points)
01 June 2016Ashim kr Ray (social service) (1695 Points)
01 June 2016
Jigar Shethiya
(Manager in Audit & Taxation)
(77 Points)
Replied 02 June 2016
Dear Ashim,
U Cant take the benefit of U/S 54F & 54EC Under STCG....This excemption only available under LTCG
Jigar Shethiya
(Manager in Audit & Taxation)
(77 Points)
Replied 02 June 2016
No Can't have any option other than If Short term Loss is there you can setoff against that.