I have sold a Commercial Property ( Shop) in 2022. Now to avoid Long Term Capital Tax I am thinking of buying an agriculture land. Is it allowed? Can I buy residential property instead? How can I plan my LTCG.
Thanks in advance.
hari krishan (9 Points)
06 June 2022I have sold a Commercial Property ( Shop) in 2022. Now to avoid Long Term Capital Tax I am thinking of buying an agriculture land. Is it allowed? Can I buy residential property instead? How can I plan my LTCG.
Thanks in advance.
CA Rashmi Gandhi
(Chartered Accountant)
(86313 Points)
Replied 06 June 2022
sabyasachi mukherjee
(27354 Points)
Replied 07 June 2022
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