Capital gain
This query is : Resolved
Manish Jain
(Querist)
06 December 2012
a home saleout after 14 months of purchase.
how will be taxed.
how will be taxed.
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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