Hi everyone,
I have sold one plot with capital gain of 19 lakhs in 2020 and bought a house for 71 lakh and claimed tax benefit in the same year. Again in 2021 sold a plot and house for 44 lakh and putted that money in the same apartment as it is under construction. so can I claim the capital gain tax again as I have utilised for it
Menu
Capital Gain Tax1
Replies (3)
Yes, the exemption u/s. 54F can be claimed as in this case.
Sir it is saying Capital again already claimed in the previous year while filing. what to do please help.
Entire capital gain must be utilized for purchase of house property.
Recent Threads
- What's CGAS?
- A Comprehensive Guide to Modern Digital Marketing
- Income tax status
- Demand raised for 'Self assessment tax' amount AY2
- TDS payment using Form 26QB when buying property o
- Export sales not realised payment not received fro
- RCM related queries
- Negative Export Value in GSTR 3B
- Income tax intimation -AY 24-25
- Tax Implications of Alumni Union (R) under Society
Related Threads
CAclubindia
