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Financial Planner - Answered on Jun 06, 2024

Sunil Lala founded SL Wealth, a company that offers life and non-life insurance, mutual fund and asset allocation advice, in 2005. A certified financial planner, he has three decades of domain experience. His expertise includes designing goal-specific financial plans and creating investment awareness. He has been a registered member of the Financial Planning Standards Board since 2009.... more
Anand Question by Anand on Jun 05, 2024Hindi
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Dear sir i had purchased a commercial property in 2010 for 9 lakhs and now selling it for 60 lakhs how can i save capital gain occured on it? Even ready to invest.

Ans: You have to first calculate the capital gains after indexation and than you can either pay tax or invest in capital gain deposits.
Sunil Lala, CFP
https://m.facebook.com/slwealth/
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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