I have a property(Flat) sold in early 2015 which was hold for more than 3+ years.
I want to reinvest it in buying another flat. What is the timeline to invest it back, so that the tax exemption can be availed
Now while filing return for 2014-15, do I need to mention it as long term capital gain ?
As I will not use it for next 4/5 months do I need pay any tax on it.