LTCG

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 September 2010 Can I buy 500 Bonds in REC and 200 Bonds in NHAI of corpus Rs 70 Lakhs acquired by sale of a residential property in Chennai to avail of LTCG Tax exemption for year 2010? I realise the Annual Intrest income recieved from above investments are taxable.THank You.....Chandrika

06 September 2010 yes u can buy



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