Sale of land by senior citizen
Querist : Anonymous
My father is 78 years old and has sold his plot owned for about 40 years. He also owns a house.
Could you please let me know the options for saving long term capital gain tax apart from buying or construction of house?
Thanks
Interest rate will be 6.5%.
Querist : Anonymous
But isn't there a limit of Rs 50 lakhs for the deposit amount? Is there any additional benefit for senior citizens?
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