Long term capital gain tax
curious123
(Querist) 20 December 2014
This query is : Resolved
I have incurred long term capital gain tax on sale of my property. I am planning to save this tax by using that amount in different instruments. My query is: Is it possible to invest part amount in tax savings bond (like NHAI) and rest depositing in Capital Gain Accounts Scheme for future purchase of property?
ROHIT SHARMA
(Expert) 20 December 2014
1. Your line of thinking is appropriate. However do consult a Chartered Accountant for more precise information.
R.K Nanda
(Expert) 20 December 2014
consult taxi lawyer.
R.K Nanda
(Expert) 20 December 2014
consult tax lawyer.
V R SHROFF
(Expert) 20 December 2014
UR C.A. WILL DO NEEDFUL ..