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Tejas Chokshi  |126 Answers  |Ask -

Tax Expert - Answered on Jun 23, 2023

CA Tejas Chokshi has over 20 years of experience in financial planning, income tax planning, strategic and risk advisory, banking and financial products and accounting and auditing.
He is an information system auditor, a forensic auditor and concurrent bank auditor.
Chokshi, who has a master’s degree in management, audit and accounting from Gujarat University, has completed his CA from the Institute of Chartered Accountants of India.... more
MUKTESHKBIMAL Question by MUKTESHKBIMAL on Jun 18, 2023Hindi
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Hello Sir/Madam, After selling of my land in Bihar (approx 300dhur in 3 to 4 financial years), how to manage my finances? PLS Advise how to save capital gain taxes as i am alone who needs to handle it.

Ans: invest in specified bonds like the Rural Electrification Corporation (REC) or National Highways Authority of India (NHAI) bonds under Section 54EC to avail of capital gains tax exemption.
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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