Ltcg & section 54f

Jiten (Consultant Banking & Financial Services)   (32 Points)

11 December 2016  

Dear Sir

Good Afternoon!

We urgently need your HELP with respect to case (details as per attachment)

I am providing the case details for your kind perusal and EXPERT Advice. Once you are through with the details below, we can SPEAK over phone too for any further information that you may need from our end. Our Main point of contention is how to handle the property booked in 2013 in a best possible manner so that there Either We Don't Have Any LTCG Tax Liability OR we have a Very Less Tax Liability on LTCG from property sold in 2016.

Please note that "B"is a Housewife but has been filing her IT Return for the Incomes from Rentals from the Commercial Property and Interest Income from the Deposits in her name.

We are actually looking for a SAFEST option so that we DONT get into any major issues from the IT Department while we comply with the IT Rules.

Look Forward to your kind assistance. Please let me know if you need any further details.

God Bless You!

Warm Regards

Jiten