I have a flat whose market value is Rs.2.25 cr.....and I had bought it for 55 lacs. What can i do to save tax. and convert Black to white?
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Flat to be sold for 2.25 cr
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What is the Circle rate value now? If the gain is long term you can get exemption u/s. 54, 54EC etc.. For rest Income disclosure scheme, 2016 is open.
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