Will I get Tax Exemption on LTCG from the flat I sold ?
I sold my flat in January 2019 for Rs 37 lakhs and made LTCG of Rs 17 lakhs. I booked an under construction flat in 2015,and I am yet to pay final Installment of Rs 8 lakhs. It is due in August at the time of possession.
The cost of new flat is Rs 93 lakhs. Will I get tax exemption on LTCG from the flat I sold?
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