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Capital gains

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 November 2013 I have shop which is purchased 10 years bck in 2004 approx 18lacs. Nw i want to sell the same and invest that into another shop at different location.

Please advice the tax liability. Whether i am liable for exemption for capital gain. Please show the remedy for saving tax.

Regards & thanks in advance
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
19 November 2013 no exemption if u sale and buy new shop.
long term capital gain will be applicable.
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