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Tax on Capital Gain

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06 June 2017 Good Evning Experts... I had purchased a property of Rs. 1.75 Lac in 1980 now I am salling said property in Rs 40 Lac aproximate. Please suggest me how can I save capital gain.
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
06 June 2017 Invest the amt equal to capital gain from sale consideration in another house property to claim exemption u/s 54. You can also purchase Specified bonds within 6month to get exemption u/s. 54EC. Lock in period in both cases is 3 years.
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