24 March 2024
sir, please advise me how to invest in residential property sale proceeds ... in another flat (is there any cut off on new property construction date or can i buy a very old construction as well ?) , a part in land (can it be farm land or senior living flat).... and some in dividend paying instruments.. i am a senior citizen , 60 ... Also, i would like to know if i can invest in a commercial property (a part ) ... regards.
25 March 2024
You can buy old construction within 2 years or contruct new house within 3 years. Land investment not allowed. Dividend paying instrument not allowed
CAclubindia
