Property gain tax

This query is : Resolved 

24 May 2015 In order to save property gain tax can i pay my home loan from the income from the flat i have sold out.

25 May 2015 You can pay, but that wont be helpful for the purpose of capital gain tax u/s 54, you need to buy a new residential property or you need to invest the same u/s 54EC i.e. rec bonds or nhai bonds

29 May 2015 you have to buy new property from sales proceeds, for loan repayment is not help you to save the capital gain


29 May 2015 agreed with atit shah's reply........



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