Capital gail

Hello Chaitanya ji,

As per your question their is approx capital gain of 1 cr.

you can invest in NHAI/ REC bond to save capital gain up to 50 lakh in one financial year, These bond comes in market for short period. contact bank or broking house for this.

Thanks 

Hello,

As you said, sale consideration is 3 cr and indexed cost of acquisition is 2 cr approx. Then capital gain will be Rs 1 crore.

To save tax on Rs 1 cr, you can invest Rs 50 lakhs in REC or NHAI bonds

or

you can purchase new residential property within 2 years or construct new residential property within 3 years 

or 

you can invest in both