Capital gain - sale of residential property

LAKSHMI KANTH (TAX CONSULTANT) (449 Points)

24 August 2020  
Sir, I sold my residential property on 02-12-2019 and invested the entire sale proceeds in to purchage of commercial property on 03-01-2020, ie within two months. so, can I get the tax exemption on profit made on sale of residential property? kindly advise.