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Tax on house property

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(Querist)
13 November 2015 In our client sale one house property thats sale value below the rackner value. so how much tax on it
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CA ALOK KUMAR

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CA ALOK KUMAR (Expert)
13 November 2015 In case sale of house property, the sale consideration, for the calculation of capital gain, shall be higher of amount calculated as per the Circle rate prescribed in that area or amount actually received.

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