Site icon Jagoinvestor

Can I buy plot from the money got by selling stocks to avoid capital gains tax ?

I have a TOTAL stock corpus of 20 lakhs with 10 lakh profit. I wanted to convert stocks to land. What should I do to make capital-gain tax as zero if I sell the total stocks?

Should I buy 10 Lakh worth plot?
Should I buy 20 Lakh worth plot?

Exit mobile version