Sir,
I have a query regarding tax for capital gains. I am planning to sell a site purchased on may-2011. I am getting sale amount approx 1.5 to 1.8 cr. I am mentioning total taxable figure.
Plannig to get full excemption from tax in form of investment (capital gain tax) bonds only. Please suggest how to do the process inorder to get excemption for entire amount.
What is the maximum amount i can save if i wait till 2014. Maximum limit for tax exception depositing in bonds.