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alpesh (d)     08 February 2011

Longterm Capital Gain

Hello,

I need an advice in long term capital gain.

I bought my flat in the Jun 2006 @ cost 10 lacs and sold it in the Jan 2011 @ 22. lacs.

I have also purchase new house in the Oct 2010 @ 50 lacs.

It is new construction so I have to pay 50 lacs during 2 years tenure.

Till date I have 7 Lacs to builder.

I would like to know that I have to pay any long term capital tax, if Yes then how much.

I want to know what is the way to avoid the this tax.

 

Regards,

Alpesh Patel



Learning

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