Three ways to save tax after selling a house

Atin, 53, works as a branch manager with a private bank. He had invested in an under-construction house in 2014. Fortunately, its price skyrocketed, prompting Atin to sell the property for a taxable profit of Rs 35 lakh. He now wants to know how he can save taxes and whether he should use this money to invest in another house.

This article was originally published on December 02, 2022.