How to save long term capital gain

1. You can invest in another agriculture land and get expemption u/s 54 B

2. you can invest in residential house and get exemption u/s 54 F

NOTE:

A) if you deposit capital gain amount in a special capital gain deposit account in that case also you need to utilize the amount in 2 year from date of transfer of original assets.

You can claim pexemption u/s 54B, 54EC, 54F

54B- with in 2 years you have to purchase a new agricultural land (or) you have to use the amount for agricultural purpose. So you have 2 years time to purchase said land. but you have to deposit the whole amount to Capital Gains Savings Accounts in any bank has such CGAS scheme notified by Central government. The deposit should be made in this financial year only.

54EC- within 6 months you can deposit up to 50,00,000 in NHAI (National Highway authorioties of India) bonds or RECL (Rural Electrification Corporation Limited) bonds.

54F- within 3 years you have to construct a house property or with in 2 years you have to purchase a house property. So you have 2 years time to purchase said property or 3 years to construct said property. but you have to deposit the whole amount to Capital Gains Savings Accounts in any bank has such CGAS scheme notified by Central government. The deposit should be made in this financial year only.

That means i have not save the capital gain because no future planning for purchase of agriculture land but please confirm me if i have purchased the residencial property such as plot or flat so save the tax or not

I agree above

if you purchase a residential flat than definately you would save tax u/s 54

But Mr.Gupta, if Mr.Chaturvedi wants to claim full exemtionu/s 54F then he has to invest the whole net sale consideration in purchasing of flat. further he has no future plan about purchasing house property. so he can claim whatever the amount under 54F if he purchased a house property one year before