If I have received the amount of sale of
ancestral property in 10 May 2015 can I now invest in Capital Gains Bond of NAHAI in November 2015.
The fields lay fallow; every man reentered
his ancestral property, that is the fields and houses which had been alienated returned to their original owners.1
Both the identified buildings and their continued use from the Vendel period to the Viking Age correlate well with the «
ancestral property» of Birka's royal bailiff Herigar as mentioned in Rimbert's Vita Anskarii.
Some rich mature women might have born with silver spoons in their mouth and enjoy being surrounded by luxuries since tender age due to
their ancestral properties.
My father has sold
an ancestral property.
I sold
an ancestral property in Jan 2016 and invested the entire amount in eligible bond after March 2016.
Suggested reading:
Ancestral Property — Tax implications Inherited property — Tax implications
Kindly read:
Ancestral property — Details & important legal rules Gifts & Tax implications.
These may include unavoidable expenses like relocation expenses to move back to the hometown after retirement, renovation of
the ancestral property, renovation or remodelling the existing house, paying off a car loan, and so on.