Capital Gain Plan

VS Vedhagiri (Chartered Account) (96 Points)

26 June 2021  

Dear Members

My client sold his residential land in April 2021 with capital gain of Rs 1.78 cr. He wants to know whether he can invest in OLD and renovated residential  house for Rs 2.75 Cr. What is the time limit for the investment if he can invest in OLD house. He owns a residential flat