Hello all,
One of the client has sold old house property and purchased 2 Plots( one of them is agriculture land) and they don't have any plans for construction.
Is he eligible for capital gain exemption?
What is the tax implication in this case?
mayuri (Tax Consultant) (249 Points)
16 December 2023Hello all,
One of the client has sold old house property and purchased 2 Plots( one of them is agriculture land) and they don't have any plans for construction.
Is he eligible for capital gain exemption?
What is the tax implication in this case?