LTCG Exemption

Share This Thread
  1. Raman Bhatia

    Raman Bhatia New Member

    The new property should be purchased in 1 or 2 years?
    Last edited: Mar 24, 2016
  2. V K Khanna

    V K Khanna Active Member

    To claim exemption from payment of LTCG tax, the new residential property must be purchased one year before or two years after the transfer of the previous property.
Draft saved Draft deleted
Similar Threads Forum Date
Am I eligible to claim LTCG exemption under Sec 54? Income Tax Feb 1, 2017
Capital Gains out of sale of land LTCG exemption Income Tax Nov 11, 2016
Application of LTCG tax exemption for purchase of jointly held property Income Tax Apr 18, 2016
LTCG Exemption if Bonds purchased before Sale of Property Income Tax Feb 25, 2016
LTCG Exemption for Reinvestment in Commercial Property Income Tax Feb 24, 2016