SIR,
CAN I INVEST MY CAPITAL GAIN AMOUNT IN REPAYMENT INT/PRIN OF BANK LOAN AVAILED FOR CONSTRUCTION OF HOUSE PROPERTY IN 2018 SO AS TO HET EXEMPTION FROM CAPITAL GAIN TAX.PLEASE CLARIFY
CA Veerendra Murashillin,HUBLI (CA PRACTICE) (72 Points)
11 March 2020SIR,
CAN I INVEST MY CAPITAL GAIN AMOUNT IN REPAYMENT INT/PRIN OF BANK LOAN AVAILED FOR CONSTRUCTION OF HOUSE PROPERTY IN 2018 SO AS TO HET EXEMPTION FROM CAPITAL GAIN TAX.PLEASE CLARIFY
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(170785 Points)
Replied 16 March 2020
If house property construction completed in 2018, then not eligible.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
