Capital gain tax

Pawan Kumar Yadav (Querist) 23 June 2016 This query is : Resolved
X & Co has a industrial unit wished to sell it and invest some amount in a office space at a commercial space.Can they claim exemption of capital gain tax on the invested amount in office space?

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R.K Nanda (Expert) 23 June 2016
Contact tax lawyer.

Rajendra K Goyal (Expert) 23 June 2016
Discuss with local tax consultant.

T. Kalaiselvan, Advocate (Expert) 29 June 2016
If is covered under the provisions of LTCG, exemptions can be claimed according to the provisions therein.

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