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MOHAN S (ACCOUNTS OFFICER)     12 June 2013

Purchase of plot from capital gains

One of our relatives has sold a property which was self acquired and from that capital gains amount can he buy two or more properties or is there a rule that only one property is to be bought from the amount. Please clarify.



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 1 Replies

bhagwat patil (Property due diligence 9422773303)     12 June 2013

If it is an agricultural land more than 8 Kms from the outer boundary of the town he will be benefited.

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