Please Help: capital gain
Posted Date : 19-Aug-2012 , 04:54:42 pm | Posted By: CASANSAAR
Category :
Income Tax | Answers :
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if a person sell his land in October,2012 & invest the sale consideration in a residential house property in december,2012. is he required to open a capital gain account? |
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Answers:
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 Answer by: Rambabu Senkarasetti |
| No need, if he invests the C.gain in purchase of another house property.
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| Answer by: Rambabu Senkarasetti |
| No need, if he invests the C.gain in purchase of another house property with in 2 years.
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