Hi,
In capital gain for claiming exemption under section 54 or 54F should I need to invest LTCG OR tax on LTCG in "capital gain account scheme"?
1 Replies
RAMAKRISHNAN R
(INCOME TAX OFFICER)
(1736 Points)
Replied 24 March 2018
to claim deduction under 54, if you deposit your capital gain, that's enough. but in case of 54f, the entire net sale consideration required to be deposited in cgas or in new asset
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