If I sold a plot/Site(10Yrs Old) in Dec22 and paid advance to buy new Flat in July 2023, I want to sell one 6 yrs old apartment to buy the same Flat after July 2023, Total sold amount (Site & Apartment) less that New flat cost.
Shall I get capital gain excepemtion.
cost of Plot sold in Dec22 : 40L, To be sold cost expcetation: 80 L
Advance given to New flat: 60L
New Flat cost : : 1.3Cr
R P S K & Associates
Nashik
CA Inter
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