Capital Gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 June 2010 I have sold a house in Jan. Is it necessary to deposit the proceeds in Capital Gain A/C to purchas a new house. I have kept the money in Savings account. Please advise.

07 June 2010 Purchase a new land and start some construction work...! also you have time upto 31 july .within that date if you could not act as said than u need to deposit...!

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 June 2010 What in case if i book a flat with the builder before 31st July.




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