Ltcg tax
This query is : Resolved
13 May 2015
Capital Gain Query
1) sold commercial property in October 11
2) ltcg was 10.5 lacs
3) so invested in sbicapital Gain account 10.5lacs in June 12
4) upto which date he can invest in new residential property to avoid ltcg tax
Please check and reply
Nikhil Kaushik
(Expert)
13 May 2015
you get only 2 years for buying a residential property and 3 years in case you wish to construct.
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