POSTED BY December 1, 2013 10:58 pm COMMENTS (2)ON
Is it permissible in the act, to purchase of agricultural land from the Capital Gain that is incurred on selling of house in city limits. I have been told that you can again invest the amount (CG) only in purchase of another house or some commercial property.Govt. bonds is a different issue.The house mentioned above was not self occupied…it was on rent.
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