Raunak Chouraria (CMA) (37 Points)
06 February 2014A Man has got a Capital Gain of Rs 60 Lacs by selling a land and he wants to get the exemption for the same . He has started a construction of house which shall cost Rs 30 Lacs and remaing 30 Lacs he shall invest in bonds Is there any sec which shall give exemption for the same
Raunak Chouraria
(CMA)
(37 Points)
Replied 07 February 2014
U/sec 54Fu shall use the full net consideration recd but whereas here i am using only half of my capital gain
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
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