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CAPITAL GAIN

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....APITAL GAIN<br> Query (Issue) Started By: - N S CHANDRASHEKHARAPPA CHANDRASHEKHARAPPA Dated:- 3-3-2014 Last Reply Date:- 4-3-2014 Income Tax<br>Got 1 Reply<br>Income Tax<br>I AM PURCHASED SITE ON 01/0....

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....6/1984 OF RS. 25000/- AND SOLD IT ON 10/10/2008 FOR RS.650000. IN THE NEXT MONTH I AM PURCHASED ANOTHER SITE OF RS. 125000/-. I AM STARTED HOUSE CONSTRUCTION ON 28/10/2009. IS IT CLAIMS EXEMPTIONS OR ....

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....NOT Reply By CA GOPALJI AGRAWAL: The Reply: First you are required to calculate the capital gain on sale of this particular asset after applying indexation benefit. Then you can claim exemption u/s ....

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....54F. If it better to consult your CA or advocate on specific planning.<br> Discussion Forum - Knowledge Sharing ....

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