Hi can i invest my Long Term Capital Gains in New Residential Property as well as in Capital Gain Bonds upto 50 Lakh and take Exemption in both the sections and lower my tax liability.
3 Replies
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(7114 Points)
Replied 21 September 2024
Vinay Jaindani
(188 Points)
Replied 21 September 2024
Thank you sir for the confirmation also are the exemptions allowed in without indexation method also ?
also am i still allowed to invest in two residential properties if the sale proceeds are from sale of shop
Recent Topics
- Unable to convert User role from Registered user t
- INCOME TAX RETURN NOT FILLING BY TEMPLE COMMITTEE
- Procedure for filling appeal for unregistered enti
- Recovery of GST
- GSTR-1A RETURN
- Co.-trading in Equity-ITC
- RCM CREDIT IN CASE OF CATERING SERVICE
- E Invoice Effective Date
- ITC on iron purchased for construction
- GST on Rent- December
Related Threads
CAclubindia
