Is tax is applicable on the sale of ancesterol property?
2 Replies
Sumiti Jain
(FP)
(1364 Points)
Replied 28 January 2011
is there any way to avoid tax because sale price is very high around 10crore and if the person purchase or construct a new house within 2 yrs or 3 yrs following the year of sale, he can use around 60-80 lakh only?
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