If You're not capable to speculate the desired amount while in the manner mentioned previously mentioned prior to the day of tax filing or one 12 months from the day of sale, whichever is earlier, deposit the required volume in the community sector bank (or other financial institutions as per the Capital Gains Account Plan, 1988).
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Alternately, The brand new household house home must be built inside of 3 read more decades on the sale in the assets/asset
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Should they sell before the stipulated time, the gain specified to them are going to be withdrawn, and they'll have to fork out the tax on money gains.