Captial Gain from sale of property

Share
Share This Thread
  1. Milin Shah

    Milin Shah New Member

    My Parents owns a property and we are planning to sale it.

    Myself have purchased a new property but need to Invest a gain from our old property to new property.

    Will my Parents have to pay a Captical Gain Tax ?
    It is Long Term capital gain.

    New Property is on My name & My Father's Name.
     
  2. ZED

    ZED Well-Known Member

    Did your father also contributed for the new house?
    There are other options also to save capital gain, for example investing in bonds of NHAI/RECL u/s 54EC
     
Draft saved Draft deleted
Loading...
Similar Threads Forum Date
CAPTIAL GAIN TAX Income Tax Nov 14, 2016
Captial gains exemption - type of construction for 3 year time limit Income Tax Jan 12, 2016
Captial Gain Tax Income Tax Aug 17, 2015
Capital Gain on Sale of Foreign Shares Income Tax Jul 22, 2018
AGRI LAND SALE – CAPITAL GAINS EXEMPTION Income Tax Jul 12, 2018