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FAQ: How to avail benefit of capital gains again? - Property Hotline
Posted
June 9, 2016
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16
June 9, 2016
16
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1:50Now PlayingBe Un Confused
Expert: Pannkaj Ghadiali, Managing partner, PC Ghadiali & Company
Q: How many times can one avail capital gains tax exemption by selling their self-occupied flat and buying another flat using the capital gains amount?
Answer: There is no limit on the number of time one can avail the benefit of capital gain exemption on the basis of reinvestment of the capital gain. You need to follow the provisions of the relevant sections.
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