Kuldeep Singh (201 Points)
24 August 2021Sir/madam,
If i sell my residential land in 30 lakhs then how can i reinvest 30 lakhs in another mode (like as deposit in saving bank account, buy car etc) instead of buy other residential house to save long term capital gain tax ?
is section 54EC is helpful or any way plz suggest ?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177896 Points)
Replied 24 August 2021
Either in another residential house; or in Capital Gains bonds issued u/s. 54EC.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177896 Points)
Replied 24 August 2021
In protest against ADMIN for its discriminatory behavior among different members, I leave the portal permanently. Good Bye.
CAclubindia
