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sarmaavnhs (sr chief sub-editor)     31 January 2015

Tax on sale of property

My wife got a site from her mother's will. It was sold according to the market rates. The buyer is paying 25 lacs by cheque and 40 lacs in cash. what type of investments she has to do to reduce or avoid tax? The property is nearly 100 years old which was given as a gift to my mother-in-law. pl advise...



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