Sale of Ancestral Property

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Is tax is applicable on the sale of ancesterol property?

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is there any way to avoid tax because sale price is very high around 10crore and if the person purchase or construct a new house within 2 yrs or 3 yrs following the year of sale, he can use around 60-80 lakh only?

Click on the link given below:-

Tax On Sale Of Ancestral property (Income Tax)

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