I had abought a flat in mumbai for Rs. 30000 (thirty Thousand) in the year 1979 inMumbai. I have now sold this flat for Rs 24 Lacs in 2013. What will be the tax implecations on this'
I wish to buy a flat along with my son in Pune in about 3 years. Will this action will give me some relief in future.
How should I plan for taxation now.
Thanks for advice