Income Tax on Sale of Property
This query is : Resolved
12 August 2020
Dear Sir,
Is Tax to be paid by the seller of the property and income tax return to be filed?
If Yes, what is the threshold limit.
Is Tax to be paid by the seller of the property and income tax return to be filed?
If Yes, what is the threshold limit.
12 August 2020
Yes, if capital gains exceed 2.50 lacs the basic exemption limit.
12 August 2020
Dear Sir,
Thank you for the reply
How to calculate Capital Gain / Loss.
Thank you for the reply
How to calculate Capital Gain / Loss.
12 August 2020
Capital gains= Sale value- Indexed cost
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