Experience The NoBrokerHood Difference!

Set up a demo for the entire community

Thank You For Submitting The Form
Home / Finance / Banking / While depositing the Capital gains amount in CGA, is it required to deposit entire amount in CGA or the amount equal to (present sold value - indexation value) only can be deposited?
Q.

While depositing the Capital gains amount in CGA, is it required to deposit entire amount in CGA or the amount equal to (present sold value - indexation value) only can be deposited?

view 48Views

1 Year

Comment

1 Answers

Send
0 2023-05-24T18:38:24+00:00

You just need to deposit 12 lakhs in CGAS to save money on taxes, but you must buy or build a new home within two years of your investment if you want to avoid paying taxes on the additional 12 lakhs. Either one year before the property sale or two years following the transaction, certain investments must be made.

Flat 25% off on Home Painting
Top Quality Paints | Best Prices | Experienced Partners