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04 August 2012 A client of mine want to sale an immovable property of his and thus want to know how invest its sale proceeds effectively as per income tax act.

04 August 2012 @CA Mani,

You must be knowing that immovable property includes -both residential and Non Residential.
.
If he wants to sale Residential Property Refer Section 54 otherwise refer Section 54F.

04 August 2012 i agree with CA Paras Bafna Sir


04 August 2012 i agree with CA Paras Bafna Sir

04 August 2012 Agree with the reply



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