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Capital gain on property sale

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15 August 2020 Dear Sir

In order to save capital gain tax on sale of residential property, do we need to reinvest entire sales consideration or only the capital gain amount of the sale value to buy another already constructed residential property within 2 years of sale. Pl advise. Thanks..

15 August 2020 Only Capital gain needs to be invested to take exemption.

16 August 2020 Thank you Sir for your quick response and guidance on Capital Gain subject.




16 August 2020 Most Welcome. I am glad to help you.



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