Ltcc on ancestral property
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 April 2017
I a, going to sell a ancestral plot of land which was purchased by my father long ago for a consideration of about 5000/- The sale price would be about 50.00 lac. What are the ways and schemes which can minimize capital gain tax on the same..
Expert : Anonymous
Expert :
Anonymous
(Expert)
30 April 2017
Invest in 54EC bonds
04 May 2017
To save capital gains tax available options are to buy or construct a residential house to get exemption u/s 54F or to invest in notified bonds u/s 54EC.
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