POSTED BY February 23, 2015 5:12 pm ONE COMMENTON
I have purchased a flat in Feb 2004 for 105000 .
I have spend close to one lakh in repair works ( 50000 in 2004 , 50000 in 2009) – I do not have bills
I sold the flat in feb 2015 for 4800000.
I also purchased another flat in oct 2013.
Query 1. Can I pay the loan for second house I purchased in 2013 with the proceeds and claim ltcg excemption
Query2 : what is the best way to save LTCG , I am ready to purchase another flat . is it possible?