If some one sale land According to agreement in 2700000 but originally he is selling land only in 1700000 which he had purchased in 2013-14 rs 700000
Now how can he save ltcg if u have any suggestions then suggest
You can save in two ways
i) invest in RECL bonds or NHAI bonds upto 50 L rupees subject to condition that you shall not redeem upto 5 years.
FOR BETTER KNOWLEDGE REFER 54EC OF INCOME TAX ACT.
ii) buy a residential house property provided that net consideration is to invest in House property.
FOR BETTER KNOWLEDGE REFER 54F OF INCOME TAX ACT.
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