capital gain
Sameer Sheikh (Accountant) (57 Points)
03 December 2017Sameer Sheikh (Accountant) (57 Points)
03 December 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178099 Points)
Replied 03 December 2017
The capital gains (after indexation) amount only, she can invest in capital gains bonds (sec. 54 EC) for 3 years period to save tax, and rest of the amount from the sale proceeds can be utilized in repairs of the house, may be along with some loan.
Sameer Sheikh
(Accountant)
(57 Points)
Replied 03 December 2017