Capital Gain

Tax planning 643 views 4 replies

Please suggest investment alternatives better than capital gain accounts in a bank. Source of funds is sale of property accompanied by capital gain.

Replies (4)

Investing in Property is also a good opinion ;)

 

  Capital Gain Account in a Bank  means parking of funds temporarily for the   time  being.   I mean to say this is a way not the destination.  

 

purchase of another asset is a best option

Alternatives :

A- Purchase a Residential House  - In case House Proerty Sold ; Investment upto Capital gains will do Pl Refer S54. If Any other property is sold like land etc.. entire consideration....Pl refer S 54F. 

B- Purchase Bonds of NHAI or REC  54EC (max upto 50.00lacs

                                                                


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