12 October 2012
I had purchased an apartment in bangalore in june 2010 registering for 31 lakhs and paying 240000 as registration + Stamp duty. Also 400000 were paid towards furniture in apartment. I have sold the apartment in sept 2012 for 57 lacs.(Sale deed registered for 57 lacs).
Please advice on how i can invest 57 lacs to reduce my short term Capital gain tax.
CAclubindia
