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Deepjit Nandi

LTCG Exemption u/s 54...
Sir,
My self is Deepjit. And have a question regarding deduction u/s 54. My uncle had sell a property on 10th October,2017 having a long term capital gain of ₹1,00,00,000/- . He has purchased a flat worth ₹2,00,00,000/- having an agreement with builder to make installment payment. Upto 15th Ju...
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Amlan Dutta
Under section 54, he can claim benefit of capital gain exemption until 1 Cr and not 1 Cr plus taxes.

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  • July 14, 2018
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Deepjit Nandi
Sir, he had paid 1,00,00,000/- to the builder including GST as on today. I'm posting this question as, if the amount without GST is allowed then it will be less than 1 cr. And rest of the amount will be taxed as per rule. And if I can put the the amount including GST then whole capital gain will be ...
  • July 14, 2018
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