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Capital gain

This query is : Resolved 
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(Querist)
23 June 2018 IN IT RETURNS IF WE GET GAIN IN CAPITAL GAINS , THEN WE INVEST IN REC BONDS IS IT TAX FREE OR AFTER 3 YEARS WE HAVE TO PURCHASE ANY PROPERTY
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
23 June 2018 Maturity proceeds of REC bond is tax free. No need to purchase property with such proceeds.

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