Long term capital gain

This query is : Resolved 

10 March 2012 If Sale Value of Consideration (property)And this amount invested in Fixed Deposit in banks, shall we get exemption from long term capital gain tax

10 March 2012 Investment in fixed deposit is not eligible for claiming exemption from capital gain.

You have to invest the amount either in a residential house property or bonds.

10 March 2012 Agreed with the above expert.
OM SAI SRI SAI JAI JAI SAI


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