Sale of property

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 September 2013 Whether the same money which was received on sale of the original asset should be utilized for reinvestment in the new house property or capital gains savings bonds

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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12 September 2013 The option is left with the assessee where he wants to invest in either of the 2.
in savings bond max in 1 PY only 50 laks out of the capital gain can be invested.

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