banner_ad

What if 80 lacs Capita Gain is invested in buying a residential flat?

290 views 3 replies
If I sell the stocks it will result in Cap


ital gain of 70 Lakhs. I want to invest whole amount for buying a residential flat with in a period of 1-2 yrs

1)Were do I park the money ?
2)Do I have to pay Capital Gain Tax ? @ What rate as it will be long term - more than 10 yrs ?

Please advice ?
Replies (3)
It better to give some advance to a contractor and proceed the work.
Contact mrgstconsultancy @ gmail.com for help
Since you want to buy a residential flat within 1-2 yrs...you can park the money in 'Capital Gain Account Scheme' in an authorised bank and save tax. When you are ready to buy the flat, you can then withdraw and use it to buy the flat.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details