To avoid tax on capital gain

This query is : Resolved 

24 June 2019 Dear sir,

I have sold my flat and its attracts Capital gain, so I want to avoid tax on capital gain so i am planning to purchase room in chawl system. Is it taxable or Exempted

Nandkishor

25 June 2019 Purchase of residential property within 2 years of sale of residential property is allowed as exemption u/s 54

25 June 2019 Dear Madam,
Thanx, but i want to know about i am purchasing Chawl room where no Stamp Duty registration require only Notarized Sale Deed will be prepare, is it ok, or need to invest in flat only.
Nandkishor Gandhi


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