Hi,
I have an office which am planning for sale.
Purchase price: 17 L
Sale price: 1.5 cr
Depreciation has been claimed for certain years so I guess that rules out indexation.
I don't want to buy another house property and would prefer to invest in Section 54 bonds. However there is max limit of 50L I think.
Can someone suggest a solution / options ?
Thanks & Regards
CA
CAclubindia
