PURCHASE OF MACHINERY OR INVEST IN BUSINESS ACTIVITY AGAINST SALE OF HOUSE PROPERY

ARJAV SANGHVI (Self employed) (28 Points)

27 October 2020  

hello all,

My Friend Sold his house property to do business, so he had to pay capital gain tax.

So how he avoid that Capital Gain Tax, i think in income tax some provision for Purchase of Machinery regarding this.

so please help me for this.