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Capital gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 August 2013 I have a house in surat. i want to sell. buyer is took a loan from bank. so bank give me a cheque of rs. 10,00,000. weather i should accept the cheque??
i'm farmer then i have to pay capital gain on house??
how can i save c.g.??
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
14 August 2013 1. Yes you have to accept the cheque.

2. You can save capital gain tax by investing in a residential house property.

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