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Moneycontrol.com >> Messageboard >> Personal Finance >> Tax Planning & Help >> Capital Gain
   You are here :     Moneycontrol     MMB    Personal Finance      Tax Planning & Help                         Most active discussions of 2006 , 2007 & 2008
Capital Gain (3)   05-Nov-09 18:00Track this thread   Tracked by (1)  
Posted by:   Guest on ( 05-Nov-09 18:00 )
I Wanted to about capital gain. My history as under
a. I purchased 1st propery on 13/04/2000 @ RS. Three Lack
b. i purchased 2nd prperty on 6/12/2004 @ Rs.5 Lack.
c. I Sold 2nd property on 15 lak on 29/07/2009

Now i want purchas new propery @ rs 20 lkah with additional loan of some bank (used money of 2nd property + new loas)

if I purchased 20 lakh new property on same year & next year i want sale my 1st propery and repayment of loan amount new property 20 lakh.

it is allow to pay repayment of home loan ? OR paid capital gain of 1st property?
Regards
Pradeep
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