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Residential house sell amount reinvest in another wsy

TDS 320 views 3 replies

Sir/madam,

If i sell my residential land in 30 lakhs then how can i reinvest 30 lakhs in another mode (like as deposit in saving bank account, buy car etc) instead of buy other residential house to save long term capital gain tax ?

is section 54EC is helpful or any way plz suggest ?

Replies (3)

Either in another residential house; or in Capital Gains bonds issued u/s. 54EC.

In protest against ADMIN for its discriminatory behavior among different members, I leave the portal permanently.  Good Bye.  

Plz sir do not leave group


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