CAPITAL GAIN
This query is : Resolved
ANUSHREE BAFNA
(Querist)
30 November 2009
ASSESSE SOLD A RESIDENTIAL HOUSE PROPERTY ...NOW HE WANT TO INVEST IN ANOTHER RESIDENT HOUSE PROPERTY.....HE WANNA KNOW THAT IF HE INVEST HIS MONE IN THE SCHEME OF ALLOTMENT AND CONSTRUCTION OF FLAT / HOUSE BY THE CO-OPERATIVE SOCIETY THAN WHAT WILL BE THE LOCK IN PERIOD???
PLZ REPLY SOON!!
Anushree
PLZ REPLY SOON!!
Anushree
30 November 2009
There is no lock in period except if assessee sales the property within three years from the date of acquisition it shall be chargeable.
CMA Arif Farooqui
(Expert)
30 November 2009
agree
CA Ravi Sisodia
(Expert)
30 November 2009
agree
ANUSHREE BAFNA
(Querist)
04 December 2009
ASSESSE SOLD A RESIDENTIAL HOUSE PROPERTY ...NOW HE WANT TO INVEST IN ANOTHER RESIDENT HOUSE PROPERTY.....HE WANNA KNOW THAT IF HE INVEST HIS MONE IN THE SCHEME OF ALLOTMENT AND CONSTRUCTION OF FLAT / HOUSE BY THE CO-OPERATIVE SOCIETY THAN LOCK IN PERIOD WILL BE 2 OR 3 YEARS???
PLZ REPLY SOON!!
PLZ REPLY SOON!!
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