Capital gain

This query is : Resolved 

31 May 2019 I purchase a Land in 1954 of Rs. 840.00, Now I sale the land in 2019 of Rs. 4800000.00. How I calculate Capital Gain Tax.

01 June 2019 find out the value of the plot as on 01/04/2001. (This can be done either through lawyer OR valuer OR personally you can visit sub registrar office where your land is located)
The by finding out the indexed cost of acquisition, you can work out capital gain.


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