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Reg. Section 54F
by RamaRaju VV on Jul 09, 2007 02:06 PM

As per section 54F it is mentioned that "The second section deals with capital gains on any asset other than house property (for example gold) and investment of the net consideration (sale proceeds reduced by the direct expenses on the sale).", Is it possible to have Tax benefit for the purchase of GOLD. what is this section 54F refer to? Can you pls explain briefly. Can we have any other tax benefits like this.

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