Dear  Sirs,

In continuation of my earlier posting about investment of capital gain,  is there any possibility of parking the taxable amount temporarily with PSU bank    Capital gain FD Account till one invests in a residential flat the same amount?

Thanks in advance.

Prafull Shah

theochem@vsnl.com

Dear sir,

I purchased flat on NOV 2010, now i am purchasing new flat on home loan, if after purchasing new flat, within 1 year i sold out old flat and received amount used to repay housing loan of new flat. In this case what about CAPITAL GAIN TAX.

Dear sir,

I purchased flat on NOV 2010, now i am purchasing new flat on home loan, if after purchasing new flat, within 1 year i sold out old flat and received amount used to repay housing loan of new flat. In this case what about CAPITAL GAIN TAX.

Dear sir,

I purchased flat on NOV 2010, now i am purchasing new flat on home loan, if after purchasing new flat, within 1 year i sold out old flat and received amount used to repay housing loan of new flat. In this case what about CAPITAL GAIN TAX.

Dear sir,

I purchased flat on NOV 2010, now i am purchasing new flat on home loan, if after purchasing new flat, within 1 year i sold out old flat and received amount used to repay housing loan of new flat. In this case what about CAPITAL GAIN TAX.