29 Jan Income tax relief on Capital Gains Deposit Scheme: Can Budget 2025 offer clarity to taxpayers to easily claim exemption on LTCG of house sale?
[ad_1] When an individual sells an immovable property, the difference between the sale price and purchase cost, including any expenses, is treated as capital gains. To reduce income tax liability, the Income-tax Act provides exemptions under different sections such as Sections 54, 54F, etc., to...