Can anyone guide me regarding capital gain tax implications. I shall explain you in detail.
I bought my house for Rs.4 lacs in April 2005 (in metro city).Currently I am staying their with my family. Suppose I sell this house for Rs. 20 Lacs in this year i.e.2012-13. Then I buy a new house for me for Rs.15 Lacs & balance Rs.5 lacs if Invest in NHAI. Then there would no capital gain tax ? Kindly elaborate