Residential house sell amount reinvest in another wsy

Kuldeep Singh (193 Points)

24 August 2021  

Sir/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 ?