I am purchased Agriculture Property in 2001 . Now I am going to develop property and Sale as a Individual Plots. How I can reduce my capital gain or I can re invest some other property to reduce capital gain. Please suggest
24 September 2021
You can reduce the tax liability by investment in a Residential house property or by investment upto Rs. 50 lakhs in Capital Gains bond issued u/s. 54EC.
CAclubindia
