Hi Everybody,
I have to invest my funds invested in State bank of india capital gains avoidance Fixed deposit account in a new construction within 3 years that is before 21.1.2012 to avoid 20% capital gains tax.
If i donot find a house or flat of my choice, by investing the funds in some Government of India bonds (long term ) , will give me relief or i have to pay the tax.
Please someone help me sir
Thank You in advance
i DO NOT KNOW THE SECTION. bUT I INVESTED IT IMMEDIATELY AFTER SELLING A LAND IN MY NAME. i DO NOT POSSESS ANY HOUSE IN MY NAME.
CAN I PURCHASE A FLAT RECENTLY BUILT BY LARSEN AND TOUBRO ( SOME finished flats ready to occupy FLATS ARE still available in their project IN CHENNAI
Thanks
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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