My friend has booked one apartment in year 2012 and the construction is still going on. It will be completed by January 2018. He has not registered this apartment and will be doing the same in January 2018. He has taken home loan for this apartment in 2011 itself and now he is planning to sell one ground (plot) now and pay this amount for home loan. Will the capital gain tax exempted for this sale amount or will he have to pay the tax? If he is required to pay the tax, are there any other options like bonds to invest and avoid the tax?1 replies 0 helpful answers Last Updated: 9 months, 1 week ago
You must be signed in to reply to this question.