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loan repayment.
if I am received cheque from sale of building... and used the cheque to repay my old loan... Is there any income tax compliance... plz guide me
Replies (3)
| Originally posted by : Naresh Khanduri | ||
 |
if I am received cheque from sale of building... and used the cheque to repay my old loan... Is there any income tax compliance... plz guide me |  |
No
No... .. .. ..
you first need to calculate your CG tax liability . that much amount you need to either invest or pay tax. balance consideration is fully utilizable without any limits.
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