House property related


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Querist : Anonymous

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Querist : Anonymous (Querist)
30 November 2017 Long Term & Short Term Capital Gain (House Property) Period in F.Y. 2016-17 IT Calculation ??
Can Short Term eligible to claim relief of Sec. 54 ???

Thanks in advance


30 November 2017 Short term capital gains not exempt u/s 54.

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Querist : Anonymous

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30 November 2017 How much period will count for long term ?? is it 36 months Purchase Mar'14 & sell in Aug'16 ?? Is it long term or Short term ??

30 November 2017 36 months count for long term. It's short term less than 36 months.

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Querist : Anonymous

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30 November 2017 Have to Pay tax on Short term ??? what percentage have to pay for short term capital gain on house property gain ??

30 November 2017 Tax applicable based on slab rate.


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