Long term capital gains
This query is : Resolved
13 September 2011
On sale of a residential property this month, I have made a long term capital gains of 24L. However I have purchased a house in April 2011. Is it necessary to open a capital gains account scheme?
13 September 2011
If the cost of the new house property is not less than Rs.24L, no need to open an account under capital gains account scheme,1988.
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