POSTED BY June 29, 2014 2:08 pm NO COMMENTSON
I have purchased a home in 1997 – June @1 lac. And now I’m selling it at 12 lac on my mother’s name.
–> How much tax I’m liable to pay ??
–> I have purchased one more home 2 yrs back. Can I save Capital gain tax by investing it into this new home’s loan (my mother is also a co-applicant) ??