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Property money

Tax queries 278 views 2 replies

Hello,

If i sell my house do i have to pay tax on below points.

1) I have to pay tax on capital gain or total sell amount ???

2)  To save tax, do I need to invest capital gain in other proprty or total sell amount ?

3) If i have to invest capital gain in other property, can i use rest of the sell amount for my personal use? Do i have to pay tax for it?

Please clear above doubts.

 

 

Replies (2)

if you pay tax or investment in house purchase or investment in bond

Not clear. Can you explain in brief ? 


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