LTCG commercial Property

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

asked Mar 12 '12 at 12:56 by deepakmn 1111

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.

answered Mar 14 '12 at 00:22 by Pankaj Batra 5.2k320


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Asked: Mar 12 '12 at 12:56

Seen: 1,851 times

Last updated: Mar 14 '12 at 00:22