ayyam sundaram (33 Points)
26 August 2022
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(164505 Points)
Replied 26 August 2022
Yes, after indexation of property held for more than 2 years, the LT CG is arrived. The tax over it can be exempted by investment in REC 54EC bond.
ayyam sundaram
(33 Points)
Replied 26 August 2022
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(164505 Points)
Replied 26 August 2022
Correct... within six months from the sale of the property...
CA Rashmi Gandhi
(Chartered Accountant)
(86308 Points)
Replied 01 September 2022
CAclubindia
