Respected members
I have sold my home 27/10/2020
600000. and home cost value is rs.100000 2/7/2007.
now I have buy new shop purchase so which section exemption allowed
please suggest me.
thank u I advance.
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REGARDING LTCG EXEMPTION
Replies (2)
Read section 54F
No exemption for this transaction even under Section - 54F because the capital assets you are purchasing is not a residential property.
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