CAPITALGAINSSECTION54

I SOLD A RESIDENCIAL HOUSE FOR Rs.625000/=IN NOV-2012.THEN I PAID Rs.1200000/=IN MARCH 2013 FOR PURCHASING A FLAT. THE COST OF FLAT IS 60 LAKHS AND WILL BE HANDED OVER IN 2 YEARS. I OWN 3 OTHER HOUSING PROPERTIES ALSO. AM I ELIGIBLE FOR TAX EXEMPTION FOR Rs.625000/= OR I HAVE TO PAY ANY TAX .(CAPITAL GAINS)

asked Sep 04 '13 at 22:38 by mohamedsyyed 11

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(Sep 05 '13 at 22:08) Pankaj Batra

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Asked: Sep 04 '13 at 22:38

Seen: 1,014 times

Last updated: Sep 05 '13 at 22:08

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