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Source: Live Mint I am a non-resident Indian Citizen working abroad. I sold my agricultural land on 15 October 2022. As per Sec, I deposited the indexed capital gain in a capital gain account with a nationalised bank. 54B to purchase another agricultural land within two years from the date of sale. i.e. by 14th…
Source: Live Mint I made long-term capital gains of Rs. 80 lakhs on selling shares allotted under ESOP in June 2024. Can I put ₹50 lakh in a capital gains bond to claim an exemption under Section 54EC in FY 2024-25 and buy a house for ₹30 lakh during the financial year 25-26 to claim…
Source: Live Mint I’ve taken a two-year leave of absence from my job to travel and indulge in my interests. My revenue from mutual fund redemptions last year was ₹5.1 lakh; all of these were long-term holdings. The approximate long term capital gain was ₹2 lakh. Is there going to be any tax due this…
Source: Live Mint I sold some shares during the current year on which I earned some Long Term Capital Gains (LTCG) and immediately invested the sale proceeds to buy a residential flat, say flat A, to claim exemption u/s 54 F in June 2024. I sold another of my flats before 23rd July 2024 (Not…
