How to save short term capital gain?

CS Alok Mishra (Income Tax Practitioner)   (791 Points)

19 December 2012  

I have a client who has sold his Short Term House Property (Residential) and gained Rs. 10 Lakhs. Apart from this he has Salary income more than basic exemption limit.

Plz advice me hoe to plan that client has to pay lower tax as much as possible.