Best SIP Funds Online
Where an assessee acquires a capital asset under a gift or will, cost of acquisition of the property shall be deemed to be the cost for which the previous owner acquired it. This deemed cost of acquisition will have to be subtracted from the sale considera-tion for the purpose of computing income under the head 'Capital Gains'. If entire sale proceeds are used to purchase/ build a new house within three years, then the entire capital gain shall be exempt. In this case, if only 50% of the sale consideration is spent on the purchase of flat, only 50% of the capital gains shall be exempt.
SIPs are when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich
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