Property sale before 5 years

Santosh Kumbhar (Insurance Consultant) (94 Points)

13 February 2016  

Property puchased on 13/03/2013  at rs.20,00,000/- sold on 19/03/2016 at rs.21,50,000/- and dont want to purchase or construct house then on what amount capital gain tax will have to pay and 80c deduction taken for principle amount paid for housing loan what will be treatment.