Comment on Taxation Simplified

chica commented on 25 Sep 2013, 04:53 AM

If i have purchased property in 2006-2007 for 25 lacs agreement & if i sell it in 2013-2014 for 1.75 cr agreement what will be the tax if i want to own another property against that same amount?. Also to let you know that i bought another property for 35 lacs agreement in joint with my wife with half of proceedings coming from her account, so can i buy another property against sale of the 1st property?

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