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Long Term Capital Gains

Income Tax - Started By: - Ramesh M - Dated:- 19-12-2015 Last Replied Date:- 2-11-2016 - I will get a Long Term Capital Gain of around 1 Crore on selling property A now. I booked an under-construction property B on April 2012. Agreement value is just above 1Crore. Construction started on June 2012. Registration was done on June 2014. Construction is almost over now. I m yet to get the keys and possession letter. I have made 90% payment. As per my understanding, according to Section 54, to claim .....

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