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Capital gain

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(Querist)
06 December 2012 a home saleout after 14 months of purchase.
how will be taxed.
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Pankaj Gupta

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Pankaj Gupta (Expert)
06 December 2012 It will be a short term capital gain taxable at normal slab rate . Capital gain = sale price-cost of acquisition-cost of transfer.
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