dear sir, i hv purchased property in 2008 and gvn for rent - commercial purpuse (office use)
want to sell property in 2012.. (14 yrs)
can i avail benefit of LTCG in commercial property
thanks deepak
1 Answers
If you purchase/construct a residential house property for cost more than sale consideration of commercial property, income tax on long term gain can be saved fully u/s 54F.
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