Capital gain

This query is : Resolved 

17 April 2017 We had bought an agricultural land in1984 in bangalore and now we have converted it into revenue land to form a layout to sell individual sites. To save capital gain our plan is to reinvest in a property where in buy a land and construct an apartment. Is this the right way?

17 April 2017 Buy a land construct one house then only exempt.

18 April 2017 Can build apartment or no?

18 April 2017 No apartment......................


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query