Income tax

yagnesh dave (Querist) 21 January 2015 This query is : Resolved
DURING THE AY 2012/13 I HAVE SOLD OPEN LAND ON 14/03/2012 WHICH WAS PURCHASE BY ME IN 1995 I AM ALREADY HAVING 1/2 SHARE IN ANCESTRAL BLDG WHICH IS COMPLETED ON RENTED TO TENANT BESIDES THIS ALSO ONE RESIDENTIAL CHAWL AND ALSO 2 NOS RESIDENTIAL FLAT ON RENTED SHOWING HOUSE PROPERTY INCOME. IF THE CAPITAL GAIN ARISED FROM SALE OF ABOVE LAND INVESTED IN ANOTHER RESIDENTIAL HOUSE PURCHASE ON 2.2.12 WEHTHER EXEMPTION U/S 54F IS ENTITILED OR NOT.

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Guest (Expert) 21 January 2015
For a Perfect Reply Post it in CA Club of the same Forum whose E Mail Id is below thread it self.

Rajendra K Goyal (Expert) 22 January 2015
Consult your tax adviser and show him all documents.

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