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Long term capital gain in share sale of unlisted co

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 May 2012 We a group of family members will earn from long term capital gain on sale of shares of an unlisted company.The amount will be huge so pl suggest us where to invest intelligently to save the capital gain tax.
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
17 May 2012 You can invest either in a residential house property (Section 54) or specified bonds (Section 54EC).
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