Hi,
I am having three flat X, Y & Z.
I have purchased flat Y with aggreement value rs. 25 Lakh in 2018. But in 2025 I have sell this flat with aggreement value rs. 30 Lakh. Accordingly buyer bank has paid the amount rs. 21.67 lakh to my loan bank account. And remaining amount I have invested to purchase of flat Z in sep 2025.
Meanwhile. I have sell my flat X with aggreement value rs. 29 lakhs in march 2026. Which was purchased 2009 with aggreement value rs. 9 lakhs.
can I invest the total amount of flat X in repayment of home loan which is taken for flat Z for exemption of capital gain tax.
CAclubindia
