Want to sell land.
This query is : Resolved
21 October 2022
Sir,
I want to sell a land , the money received will be LTCG.
To save tax can i buy another land. I dont want to invest in house property or bonds.
I want to sell a land , the money received will be LTCG.
To save tax can i buy another land. I dont want to invest in house property or bonds.
21 October 2022
No. The exemption on LTCG over sell of land is not available when any amount reinvested in any land.
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