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Capital Gain

This query is : Resolved 
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(Querist)
04 October 2008 Dear Member,

I have a industrial property which i sold it a month ago. i has holding this property from past 20 years.

Sale of this property will attract capital gain ( long term @ 20% )

I would like to know how can i escape of this tax.

Please note:-
I cannot avail exemption under section 54F because i am having more than one industrial property
and
I dont want to invest in another industrial property

Regards
Ankitha
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CMA Jitendra Singh

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CMA Jitendra Singh (Expert)
06 October 2008 As the property has been sold ,so now planning does not seem practical
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