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Income tax on long term capital gain

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(Querist)
25 March 2019 Sir, I wish to purchase a house from my father/ mother ( plot is on mother's name). Kindly tell the tax implications. Land was purchased in 1987 and construction of house started in 1990 to 2000
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
26 March 2019 No tax payable on property received an gift from relative. Capital gains tax payable on purchase of the property.

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