Founder & Director - Holistic Investment
21077 Points
Joined October 2011
What every investor needs to know about Capital Gains Account Scheme?
The Query
Mr Chaudhury has just sold his old ancestral house for a lump sum consideration of Rs.20,00,000. He has now set his eyes on a new apartment which is due for possession within the next two years. Mr. Chaudhury is in a dilemma, he is aware that the amount he has received is a Capital Gain in his hands and is liable to tax. His intention is to use this fund towards paying for his new abode. What are his options?
https://holisticinvestment.in/blog/what-every-investor-needs-to-know-about-capital-gains-account-scheme/
Regards
Ramalingam K, MBA, CFP,
Director and Chief Financial Planner,
Holistic Investment Planners
“Best Performing Financial Advisor Award” Winners from CNBC TV18
www.holisticinvestment.in
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