capital gains

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Bhakti (Querist)
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09 August 2017 can longterm gain on sale of residential flat be used to purchase land to save tax??

Bhaskaran Chackrapani Warrier (Expert)
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09 August 2017 Reinvestment in land alone will not suffice.

Bhakti (Querist)
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09 August 2017 land with construction of house would do right??

Bhaskaran Chackrapani Warrier (Expert)
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09 August 2017 Yah it is stipulated so.

Bhakti (Querist)
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09 August 2017 ok..thank u so much

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