Ltcg tax- planning

This query is : Resolved

Shaswat Modi (Querist)
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18 January 2016 Hi,I have purchased 2000 shares of Non Listed Company at Rs.10 per share in the year 2005. Later on company has given a bonus shares in the ratio of 1:1 in the year 2009 and 2012.So as of now I am holding 8000 shares of the company.At present company has buy back 4000 shares at Rs. 2500 per shares. From this I have realized Rs. 1 Cr. from the sale of shares.Please help us to save the maximum tax on this Long term capital gain.I am thinking to investRs. 50,00,000 in RBI Long term bond. Whether the amount invested and the interest earned are taxable on the maturity? I am holding one residential house in my name. Can I purchase another house in my name out of this LTCG?Can I purchase any shops from this capital gain amount?Please advise how to save the tax.