short term capital gain

i think it should be considered from the date of possession only, and u can invest the amount in 54EC bond to avoid short term capital gain tax.

I think Mr. Suresh is right

For saving invest in other flat

As per info I have, there is no way to avoid short term capital gain tax from property. Only long term capital gain tax can be avoided by investing in some specific bonds or some other property.

P. gupta is right section 5 4 investment in other property is available only for LTCG not for STCG.....