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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 : 0| Comments : 2| Hits: 564

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

Comments
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
 
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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