Proposals relating to Capital gains in Finance Bill 20233 min read . Updated: 02 Feb 2023, 05:42 PM IST
Section 54 of present tax laws allows you exemption on long term capital gains on sale of a residential house if you invest the indexed long term capital gains for purchasing or constructing a resident house within specified time limits
The finance minister has proposed some provisions dealing with capital gains in the budget presented Wednesday. In this article I shall discuss the main proposals relating to capital gains.
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