hi diosys,
I have a question related to Long term capital gains by sale of property.
if a person have a LTCG of 15 lacs out of sale proceed of a commercial office room ,and do not want to pay 3 lacs taxes or reinvest in any residential property or existing residential house , what are the other best options to invest to save capital gain tax
I have come accross 3 years REC bond with 6.25% annoal intrest paid for 54EC tax exemption bonds.
- do we have any other such bonds,and within how much time one should invest.
- do we have any other investment area for this
- are these bonds safe investments
regards
GB
I have a question related to Long term capital gains by sale of property.
if a person have a LTCG of 15 lacs out of sale proceed of a commercial office room ,and do not want to pay 3 lacs taxes or reinvest in any residential property or existing residential house , what are the other best options to invest to save capital gain tax
I have come accross 3 years REC bond with 6.25% annoal intrest paid for 54EC tax exemption bonds.
- do we have any other such bonds,and within how much time one should invest.
- do we have any other investment area for this
- are these bonds safe investments
regards
GB