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Capital gain

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30 December 2013 sirs, My friend purchased residential plot 3 months back by bank loan now they are selling their old residential property will this attract capital gain since they have purchased new property first and later selling their old property.. this is done in this financial year itself.. please help
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
30 December 2013 but new property needs to be purchased from the sale consideration of old property.

so question may be raised in this regard.
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