Capital gain
Querist : Anonymous
I have purchased a Land :
DATE OF PURCHASE : 11-05-2012 AT RS. 19000/-
DATE OF SALE : 29-04-2015 AT RS. 3,76,500/-
What will be my Tax on such sale, Please tell me what amount I have to pay as a Capital Gain tax.
Thanking You.
Income from short term capital gain along with income under other income heads will be treated as income liable for tax at regular rate, applicable in your case after considering allowable deduction u/s. 80.
Querist : Anonymous
Querist : Anonymous
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