Capital gain

SUPRIYA (Querist) 19 June 2014 This query is : Resolved
I had received in sell of our father proprty in maharashtra a certain amount. I had invested in capital bond for 3 years. I am receiving 6 % int.My query is that after 3 years my entire amount apart from band int .I can utilise for my own use that means I can keep in Fixed Deposit in any bank and earn the int.
Thanks

supriya

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Sankaranarayanan (Expert) 19 June 2014
yes you can and for that investment interest come under your taxable income

Rajendra K Goyal (Expert) 19 June 2014
Consult tax adviser, you have not utilized the entire capital gain for purchasing property, you will have to pay tax.

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