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Should we invest capital gains in bonds?- Property Hotline
Posted
September 1, 2016
Views
717
September 1, 2016
717
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1:45Now PlayingExpert: Pannkaj Ghadiali, Managing Partner at PC Ghadiali and Co LLP.
Question: I own 2 apartments in Pune that I bought over 4 years back. I want to sell one of them. Can I invest the capital gains in bonds (NHAI or Rural Electricity)? I wish to save on tax.
Answer: Yes, you can invest in either of these bonds to save on tax. Once you invest in these bonds, the investment has to be held for 3 years.
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