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.)
(185323 Points)
Replied 16 March 2020
If house property construction completed in 2018, then not eligible.
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)