Govt Imposes Rs 10 Cr Deduction Limit on Capital Gains on Re-investment in Residential Properties

The government imposed a limit of Rs 10 crore for deduction on longterm capital gain tax for reinvestment in residential properties under Section 54 and 54F of the Income Tax Act.

Govt Imposes Rs 10 Cr Deduction Limit on Capital Gains on Re-investment in Residential Properties
The government imposed a limit of Rs 10 crore for deduction on longterm capital gain tax for reinvestment in residential properties under Section 54 and 54F of the Income Tax Act.