My client is the joint owner , having the name as second joint holder in two house wants to sell a third inherited house. She wants to avail exemption u/s 54 by purchasing bond. Whether she has to invest whole consideration or can take the indexation benefit
Menu
exemption u/s 54
Replies (1)
If long term capital assets, you can invest in bond u/s 54EC with in 6 month, only capital gain
Recent Topic
- Rental income calculation for 12months
- PF Withdrawal before completing 5 years
- Discrepancy in "Processed By Source" and
- Dilemma of Indian Dependant Housewives
- TDS console file not open in RPU 1.1
- ITR 3: BFLA schedule not correct
- Dividend on foreign stocks in ITR2
- Refex Group IT Raid – What Can Investors Lea
- Capital losses when new equity was issued due to m
- Individual person having tution income more than 2
Related Topics
CAclubindia
