Cap gain of hp
Akhil (Student CA ) (1005 Points)
27 August 2024
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177721 Points)
Replied 27 August 2024
Unless you construct any HP over the land purchased, no exemption over LTCG.
Akhil
(Student CA )
(1005 Points)
Replied 27 August 2024
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177721 Points)
Replied 27 August 2024
No. Exemption available on over HP.
V K Vijayaraghavan
(PRACTICE)
(206 Points)
Replied 02 September 2024
One tax planning that you can do is construct a small low cost structure with a rest room and kitchen platform depending upon the size of land.