Tax on long term capital gains from sale of property
abhishek (Architect) (24 Points)
15 February 2017Can I claim tax saving on capital gains by investment in equity oriented mutual fund from the amount earned by sale of property
please guide
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(185405 Points)
Replied 15 February 2017
A big NO. An ELSS is for 80C deduction. For LTCG deductions are available u/s. 54, 54F, 54B, 54EC, 54GB etc.
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