on 31st March 22, I sold some STT paid equity shares and this resulted in LTCG of 1.7 lac.
In Apri 22, I sold my house to purchase another house and in process generated LTCG of ~ 10 lac.
Similarly, in current FY ( FY23), I again generated LTCG of ~ 5 lac through STT paid equity share sale.
All 3 above transactions were done to purchase a new house.
New house was purchased in Jun 22 and possession is expected in 1 year
Question is,
Whether LTCG generated from all 3 transactions mentioned above ( share/ property sale), can be invested in the house purchased in June 22?
CAclubindia
