Income tax

Vijeta Sunil (none) (28 Points)

26 April 2012  

I have sold out a land and putting money in the bank account around Rs. 10,00,000. later on i will buy another land or do some other investment, what will be the tax implications on that?

I heard when i deposit that money in my bank account i have to pay tax. Is that true, if yes how much will that be?