capital gain on land
This query is : Resolved
26 July 2017
land purchased in fy 16-17 @ 26 lakhs (stamp duty value @ 41.34 lakhs) for personl purpose ( investment).
nd now in fy 17-18 wants to sell @ 88 lakh what will be tax implications in both d years??
26 July 2017
46.66 is taxable as Short term Capital Gain....
18 October 2021
58 lakhs STCG ........
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