Provisions of Section 54 to 54F

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..... Provisions of Section 54 to 54F
Query (Issue) Started By: - Amalendu Bhattacharjee Dated:- 21-8-2015 Income Tax
Income Tax
Myself and my brother jointly won a residential plot of land which .....

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..... was gifted by our unmarried Aunt through transfer deed more than 10 yrs back. We now intend to sell the property. I intend to invest my share of the gain in purchasing a flat at another city in India. .....

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..... Presently we are all staying in our ancestral house jointly which is in the name of our late father - the property is yet to be transferred in our( both brothers') name. What are the scope of obt .....

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..... aining maximum tax exemption under Capital Gain. Incidentally all three(including aunt) of us are senior citizens. Please advice. Another point: can we, the two brothers, go for purchasing a flat each .....

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..... out of the entire capital gain u/s 45F to get the total tax examption benifit ?
Discussion Forum - Knowledge Sharing .....

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