Dear Users,
I have X amount in my capital gain account , result of a property sold few years back. I learned that this C.G amount deposited can be adjusted for buying new property. Is it possible to buy an Industry building for the C.G amt categorized as "Residential Type" category as per Registration Dept. Pls assist .
Regards,
Vel
Will the agreement be as residential unit? or industrial unit?
The Seller of the Industrial Property has the property in name of his Company. So believe it is Industrial.
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