5 Easy Facts About 54 cash Described

For just a improve this time a web-site which was also One of the Formal Unseen Thailand marketing campaign - the bats in Ratchaburi. Quite possibly the most popular destination to see them may be the Tham Khang Khao (ถ้ำค้างคาว) just this means bat cave, Positioned about 20 km north in the city Ratchaburi.

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In the event the assessee buys or constructs a whole new residence inside the prescribed deadline following offering the previous household home, which is a long-time period capital asset, they can claim an exemption under Section 54.

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Having said that, whilst building their approaches, numerous a time A very powerful ingredient – tax scheduling is often overlooked. You'll be able to program a sale of immovable home and reinvestment with setting up for tax exemptions.

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Less than Part 54 the IncomeTax Act, somebody or HUF promoting a residential assets can avail tax exemptions from Cash Gains When the funds gains are invested in invest in or development of household house. 

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Scenario 2: Price of the new home bought is greater than the funds gains computed over the sale of the initial residence 

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