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.
CAclubindia
