I sold a property and i know abt CGT ,after calculating the inflation ..index..I have a Long Term Capital gain tax for 86 lakhs. I want to know …whether i can invest in 3 Residentail Apartment which costs(45 Lakhs , 25 lakhs and 16 Lakhs ) respectively.
In one of the article some one told ..only one property can be bought to avoid tax..
Ref:
https://www.caclubindia.com/forum/long-term-capital-gain-re-investment-192003.asp#.UHvu52_A9vA
I am more confused…..pls help
