Please suggest investment alternatives better than capital gain accounts in a bank. Source of funds is sale of property accompanied by capital gain.
4 Replies
vkbothra
(Learning )
(690 Points)
Replied 11 November 2010
Investing in Property is also a good opinion ;)
CA PARAS BAFNA
(Practising CA )
(33428 Points)
Replied 21 November 2010
Capital Gain Account in a Bank means parking of funds temporarily for the time being. I mean to say this is a way not the destination.
CA PARAS BAFNA
(Practising CA )
(33428 Points)
Replied 22 November 2010
Alternatives :
A- Purchase a Residential House - In case House Proerty Sold ; Investment upto Capital gains will do Pl Refer S54. If Any other property is sold like land etc.. entire consideration....Pl refer S 54F.
B- Purchase Bonds of NHAI or REC 54EC (max upto 50.00lacs
Recent Topics
- Issue with refund for person who has filed for rel
- How to take ITC for October 2024 GST Payment in PM
- How to refund a wrong transaction Phone Pe?
- Avoiding tax audit in case of intraday equity loss
- Form 3CEAB
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
Related Threads
CAclubindia
