Income tax act section 54 exemption
Anuj Sharma (115 Points)
14 October 2022
can loss arises after giving exemption under section 54?
3 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177896 Points)
Replied 14 October 2022
No.
The exemption is available only upto the LTCG arrived on sell of HP.
Anuj Sharma
(115 Points)
Replied 14 October 2022
But in scanner solution long term capital loss is arises after giving exemption u/s 54
veerendar singh
(tax consultant)
(3301 Points)
Replied 14 October 2022
Scanner has a lot of inaccuracies.
esp in capital gains chapter
esp in capital gains chapter
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