Suyash Kumar (Assistant Engineer) 15 August 2020
Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 ) 15 August 2020
Taxpayers can now obtain a long-term capital gains exemption on the sale of a house by investing in two houses (upper limit of Rs 2 crore). Earlier, the exemption was available for investment in only one property.
Suyash Kumar (Assistant Engineer) 16 August 2020
Sir thanks for ur reply.I wish to know whether this exemption will be applicable for the repayment of home loan for the flat purchased earlier.
Eagerly waiting for ur guidance.
Regards
Harendra Kumar (A Practicing Lawyer) 18 August 2020
Yes, you can be availed.
Suyash Kumar (Assistant Engineer) 19 August 2020
Thanks a lot Sir.Can u please provide any documents/ section ?
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