Tax on sale of property
This query is : Resolved
06 June 2012
amt recd frm the sale of room Rs 8 lacs in May'12 deposit in d Bank A/C and within weeks time used for purchase of new Room for 6 lacs. how the Income tax will attracted in this Matter. transaction done by the senior Citizon, Retired Employee.
06 June 2012
please provide detail, as when you sold, when you bought, what is the consideration, what kind of property you sold and what kind of property you bought
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