hi
i sold residential flat in march 2011 which was purchased by me 1.5years back,now stcg arises on which tax is payable at normal rates.
can anybody suggest me what i can do to save part of my tax amount.
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Short term capital gain on sale of residential flat
Replies (2)
if u know any tax planning tips thn plz let me knw.....i hav huge tax liability
As far I knwo....
no provision exist to save tax on STCL on sale of Residential House....
Howver, Sec 54 is for LT..., so this is also not available.....
If any one else know, then reply here...., will be great to know... :)
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