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Capital gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 September 2015 i want to enquire that if had a commercial property and after selling i gained long term capital gain , Now if i want to book a residential house which is under construction and possesion after 3 years .

How i save capital gain
also when will i be able to sell this new property which i plan to book.
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Amol S Joglekar

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Amol S Joglekar (Expert)
20 September 2015 You can opt for section 54F. Ensure you obey the conditions in it.

The new asset may be sold after 3 years.

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