Long term capital gain on property

ITR 769 views 2 replies

Hi,

What are the options available to save Long term capital gain from property. Is paying outstanding bank loan will be deducted from LTCG. also advise other options.

Thanking you.

 

 

 

Replies (2)

No, You can't get exemption from long term capital gain by paying loan. There are some options available for exemption.

 

but what type of asset has been sold?? it will be depend on type of asset

Dear Sir

 

Just click on given URL

 

 

https://www.charteredclub.com/section-54/


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