Capital Gains Tax on sale of Flat recvd after Husband Death

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  1. sujatha

    sujatha New Member

    a residential property (plot plus house construction) was bought through home loan.now the borrower of the loan has expired , he has applied for home insurance so that house comes loan free to his family and if in case his wife plans to sell the house can see avoid capital gain tax.
     
  2. rudrabose

    rudrabose Active Member

    Yes, the Capital Gains Tax can be avoided if the Capital Gains arising on the sale of such Residential Property are reinvested in another Residential Property
     
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