Capital Gains Exemption for Purchase of Office

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  1. A G P

    A G P New Member

    Greetings, I m planing to purchase office space in this month in Mumbai . Also after 3 months, I will be selling my residential flat which purchased in 2006. Can I get tax benefit on capital gain tax on flat sell for office which I m buying this month. Many Thanks
     
  2. Karan Batra

    Karan Batra Well-Known Member

    Capital Gains Exemption is not allowed if the asset sold is a Residential Property and the new asset purchased is an Office Space
     
    A G P likes this.
  3. A G P

    A G P New Member

    Is it ok to buy a property jointly with wife & take rent on wife name only for saving tax.
     
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