Tax Treatment for Investment of Corpus Fund

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  1. athena

    athena New Member

    One of my Client recieved Corpus Fund of Rs 52 Lakhs from Builder on account of re-development of CHS. He invested 22 Lakhs in Bonds & utilised the balance to make part payment for his House property. What will be tax treatment for the same?
    Last edited: Jul 30, 2016
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