Capital gain on commercial property

This query is : Resolved 

(Querist)
26 March 2014 My query is that

I had purchased a commercial property for 45 lacs but transaction in white was for 18 lacs in 2008 now am selling it on 20 aprl 2014 for 59 lacs.

How can I save capital gain..?
Can I invest in residential property..?
Can I construct a residential property..?
What is the possible way out



Pls guide




Regards


Pam

26 March 2014 you can either construct or buy...refer section 54F


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