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Shraddha Sharma (Executive assistant)     14 July 2015

Sold prperty money

Dear Sir

I would like to know that i have just sold a proerty where i was living and it was gifted to me by my parents. I was the owener of the property since 2 years.

Now I have the whole money in my hand and i am still looking for a better property to buy. Have kept all the money in the bank in my account. Now my worry is

Is there any specifired period to keep the sold property income?

How much tax i would have to pay if i keep that money for 1 year.

Any other suggestion if you have, please share.

Thankyou



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