CAPTIAL GAIN TAX

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  1. Hariprakash

    Hariprakash New Member

    I sell a residential site held for more than 3 years and make a capital gain of Rs. 60 lakhs.
    I invest Rs.50 lakhs in bonds floated by REC to avail tax exemption.
    Can I invest the balance of Rs. 10 lakhs in Capital Gains Account Scheme and avail tax exemption ?
     
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