Tax saving on sale of residential land

Had bought a residential land in 2006 and now I want to sell it. Pl. let me know tax implication for this transaction and also let me know the way to save tax on it.

asked Aug 30 '12 at 23:02 by SHREE 111

Check reply to similar questions asked earlier: long term tax gain

answered Aug 31 '12 at 12:05 by Pankaj Batra 5.2k320


Know someone who can answer? Share a link to this question via Email, Twitter, or Facebook

Your answer
toggle preview

Follow this question

Once you sign in you will be able to subscribe for any updates here

Markdown Basics

  • *italic* or __italic__
  • **bold** or __bold__
  • link:[text]( "title")
  • image?![alt text](/path/img.jpg "title")
  • numbered list: 1. Foo 2. Bar
  • to add a line break simply add two spaces to where you would like the new line to be.
  • basic HTML tags are also supported



Asked: Aug 30 '12 at 23:02

Seen: 1,903 times

Last updated: Aug 31 '12 at 12:05