Capital gain on sale of residential property by individual

14 March 2019
we are selling a house at Rs.1 cr.bought in 1975 . The same was inherited & don't know aquisition cost. So we consider it as zero. We are buying new house at Rs.75 lacs. pls. provide LTCG calculation & which amount to be invested to save tax?


Click to Talk 14 March 2019
Don't consider the cost as zero consider market value as on 1st April 2001 and update it with indexes.

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