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  1. Dear Sir,
    If I buy a flat for 10 lacs ,after 10 years adding cost of indexation is 50 lacs and I sell flat for 40 lacs. Can I use full 40 lacs ,without reinvesting or paying any taxes
    Regards
     
  2. Karan Batra

    Karan Batra Well-Known Member

    Yes, in such a case - there wont be any capital gains arising on sale.

    And therefore, you can use Rs. 40 Lacs for any purpose without reinvesting
     
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