CAPITAL GAINS ACCOUNT SCHEME (CGAS): save capital gain tax

Posted: 13 Jun 2011 10:29 AM PDT

The booming real estate market meant that Kapil Kumar would manage to sell his house in Pune for a neat profit. He had bought the place 10 years ago with the idea that one day he would retire and also move out of Mumbai. However, 10 years on, the price that he was getting for his house was something that he hadn't even dreamt of. Wanting to make hay while the sun shines,...

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