10 September 2010
If I sell my flat in Dec 2010 can I invest the proceeds (60 Lakhs )from the sale,in to 500 Bonds (50 Lakhs )in to REC for financial year 2010-2011 and balance 100 Bonds in Apr 2011 for the financial year 2011-2012...to avail tax exemption for the entire amount ? Thank you....Chandrika
CAclubindia
