Ltcg
This query is : Resolved
gopalsaran
(Querist)
26 June 2014
SIR
I HAVE RECEIVED RS 10 LACS LGTG GAIN ON SALE OF MY RESINDIAL PLOT ON 20 TH JUNE 2014.AFTER INDEXTION .SO TAX COMES @ 20% RS 2 LACS. I WANT TO KNOW IS THER ANY OTHER OPTION TO SAVE LTCG AS I AM NOT INTRESTED TO BY OTHER PROPERTY DUE TO MY 66 YEARS OF AGE.PLEASE ADVICE OTHER OPTION AVAILABLE
I HAVE RECEIVED RS 10 LACS LGTG GAIN ON SALE OF MY RESINDIAL PLOT ON 20 TH JUNE 2014.AFTER INDEXTION .SO TAX COMES @ 20% RS 2 LACS. I WANT TO KNOW IS THER ANY OTHER OPTION TO SAVE LTCG AS I AM NOT INTRESTED TO BY OTHER PROPERTY DUE TO MY 66 YEARS OF AGE.PLEASE ADVICE OTHER OPTION AVAILABLE
Nikhil Kaushik
(Expert)
26 June 2014
you will have to invest be it property or tax saving bonds...
Rupesh Jain
(Expert)
26 June 2014
you not buy property then you can buy bonds u/ 54EC. otherwise you have to pay tax.
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