How to save taxes on Sale of residential house ?

Posted on by Business So Simple in Income Tax

Holding residential house for 24 months or more is considered as Long term capital assets. Gain/profit arising from sale of residential house is considered as Short term capital gain or Long term capital gain as per period of holding of residential house. Here we are analysing available options to save taxes on long term capital gains on Sale of Residential house.

Option 1:

Option 2:

Option 3:

Published by Business So Simple

Hi, I am business consultant working with a team of Chartered Accountants, Company Secretaries, Lawyers & MBAs.

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