Please Help: querry related to capital gain on sale of shares
Posted Date : 25-Nov-2019 , 09:01:59 pm | Posted By: Rajesh Khanna
Category :
Shares & Stock | Answers :
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hi friends, If someone made a STCG on sale of shares and subsequently he invests amount in purchase of house property, whether exemption of STCG tax is available on such purchase of house |
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Posted By : Gadamsetty Samba Siva Rao |
04-Dec-2019, 07:54:13 |
Exemption to STCG tax will be available for limited sections as per income tax act i.e., 54B, 54D, 54G, 54GA. As your STCG doesnot fall under this sections you won't be able to claim any exemptions |
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Posted By : Haris Saifi |
27-Nov-2019, 02:16:36 |
No, you won't be able to claim any exemption for STCG in this case.
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