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Capital gain tax applicability...

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(Querist)
09 October 2016 I had sold my agricultural land about 5 years back. I neither Purchase another agriculatur land nor i deposit the consideration in any CG scheme. I received the consideration in cash. And now i want to purchase a house property from that cash... what should i do??
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Amol S Joglekar

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Amol S Joglekar (Expert)
10 October 2016 now, the two transactions have become independent of each other....you can do that

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