saurabh goyal (self employed) (103 Points)
18 November 2012Dear Members,
If one person sells the property & again reinvest the money in purchasing the property to avoid capital gain tax, then what kind of document would be required as proof while filing the IT return to show all these transaction ?
Regards,
Saurabh
CA Tushar Singhania
(Asst. Manager Accts & Fin.)
(402 Points)
Replied 19 November 2012
In my opinion you should show the sale deed/agreement, and the receipt challan from the seller
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