Capital Gain tax exemption

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..... Capital Gain tax exemption
Query (Issue) Started By: - Bharat Vij Dated:- 7-12-2017 Last Reply Date:- 8-12-2017 Income Tax
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Income Tax
I have a residential house and a commerci .....

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..... al property in my name for over 10 years. If I sell my commercial property and keep the capital gain in capital gain accoount for purchasing or construction of new house, am I entitled to claim tax ex .....

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..... emption from capital gain? Reply By ANITA BHADRA: The Reply: Dear Sir You are entitle to claim exemption :- Section 54EC Long-term capital gain arising on transfer of any capital asset. Gain t .....

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..... o be re-invested in bonds issued by National Highway Authority of India or by the Rural Electrification Corporation Limited. ​ Section 54EE Long-term capital gain arising on transfer of any .....

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..... capital asset. Gain to be re-invested in units of specified fund, as may be notified by Govt. to finance start-ups.
Discussion Forum - Knowledge Sharing .....

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