About capital gain
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 October 2011
By the sale of ancestrial property long term capital gain is about 65 lakhs.
Please advice:
1.
I want to invest upto Rs 30 lakhs only in the purchase of flat/house/ or plot for construction.
2.
Can i invest the balance amount of its 35 lacs approx in infrastructure bonds. If yes, then please advice which infrastructure bonds will be more beneficial and also there rate of intrest.
Regards
Please advice:
1.
I want to invest upto Rs 30 lakhs only in the purchase of flat/house/ or plot for construction.
2.
Can i invest the balance amount of its 35 lacs approx in infrastructure bonds. If yes, then please advice which infrastructure bonds will be more beneficial and also there rate of intrest.
Regards
31 October 2011
both options allowed
invest in bonds of NHAI or REC
https://recindia.nic.in/download/Issue_Highlights_54EC_2011_12.pdf
https://www.nhai.org/bonds1.html
invest in bonds of NHAI or REC
https://recindia.nic.in/download/Issue_Highlights_54EC_2011_12.pdf
https://www.nhai.org/bonds1.html
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