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long-term capital gains exemption

Do I need to repay my home loan to claim a long-term capital gains exemption? | Mint
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Do I need to repay my home loan to claim a long-term capital gains exemption? | Mint

TheSpuzz Desk4 months ago04 mins

Source: Live Mint I purchased a flat worth ₹50,00,000 on 15/4/2024, against which I took a home loan. On 15/10/2024, I sold my 10 years of commercial property for ₹45,00,000. So, to get long-term capital gain tax exemption, is it necessary to repay the home loan amount from the money I got from selling the…

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Trending News

Nikita Papers IPO to open on May 27, price band fixed at  ₹95-104 per share | Stock Market News
Market
Nikita Papers IPO to open on May 27, price band fixed at ₹95-104 per share | Stock Market News
NTPC Q4 Results: Net profit rises 4% to  ₹5,778 crore, revenue 3% YoY; Dividend declared | Stock Market News
Market
NTPC Q4 Results: Net profit rises 4% to ₹5,778 crore, revenue 3% YoY; Dividend declared | Stock Market News
Gold price outlook: Is yellow metal poised for a rise amid new tariff war concerns? | Stock Market News
Market
Gold price outlook: Is yellow metal poised for a rise amid new tariff war concerns? | Stock Market News
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