i purchased my first property in2004 and got possession on march 2007.after that i sold that flat in may2009 and invested the entire proceeds in a new resale flat with agreement in october 2009.am i liable to pay capital gains tax?
no, if you have invested all the money received from sell of old flat there is question of capital gain tax. you will be exempted from capital gain tax.
no, if you have invested all the money received from sell of old flat there is question of capital gain tax. you will be exempted from capital gain tax.