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.
Vinay Jaindani (188 Points)
21 September 2024Hi 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.
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(4085 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
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