How exemption under Section 54F for long-term capital gains on the sale of a plot of land is computed?
Under Section 54F, you can claim exemption from long-term capital gains by investing the net sale proceeds in a residential property. Partial investment reduces the exemption proportionately. Tax-saving options include capital gains bonds under Section 54EC
from mint - money https://ift.tt/RTF5IKU
from mint - money https://ift.tt/RTF5IKU
Comments
Post a Comment