Capital gains
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 November 2016
Capital gain on sale of property Rs.1.10 crores. Out of this Rs.70 lakhs was invested in purchase of new property. Kindly let me know the best invest mode in capital gains scheme for the remaining Rs. 40 lakhs - investment in capital gains scheme which gives more returns.
Amol S Joglekar
(Expert)
04 November 2016
first try to find out the long term capital gain using the INDEXED cost of acquisition.
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