Tax query

ANOOP (student) (428 Points)

11 July 2013  

 I have a query kindly solve this...

One of my client has bought land some 10 yrs back for Rs 1 lakh, now he wants to sell this land for 20 lacs and purchase two land  for this 20 lakhs Rs. Kindly tell me  how should he take this amount of money to save income tax......