My father retired (62yrs) sold his property (14 yrs old apartment) this month. He has deposited all the money in the bank and opened an FD. To avoid taxes do we need to buy a house in the same financial year before Mar 2014? Please suggest.
My father retired (62yrs) sold his property (14 yrs old apartment) this month. He has deposited all the money in the bank and opened an FD. To avoid taxes do we need to buy a house in the same financial year before Mar 2014? Please suggest.