Capital gain calculations on settlement house
This query is : Resolved
21 November 2019
got a house thro family settlement from father in2016
father purchased the house for 5 lakhs in 2000
now if I sell for 8 lakhs how to calculate capital gain .pl explain
father purchased the house for 5 lakhs in 2000
now if I sell for 8 lakhs how to calculate capital gain .pl explain
22 November 2019
Property will be treated as long term but indexation benefit only from 2016.
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