Long term capital Gain 20%
This query is : Resolved
Quick Summary
21 June 2022
December 2021 one property Sold by me Rs.49 Lakhs, that Acquired my grand father in 1970 for Rs.5,000/-. My father and Grand father expired in year 2000.
My Query is
1. LTCG 20% On 49 Lakhs minus indexed 5000/- or
2. LTCG 20% on 49 Lakhs minus 2001-02 base year Market value indexation
My Query is
1. LTCG 20% On 49 Lakhs minus indexed 5000/- or
2. LTCG 20% on 49 Lakhs minus 2001-02 base year Market value indexation
CA R SEETHARAMAN
(Expert)
21 June 2022
LTCG 20% on 49 Lakhs minus 2001-02 base year Market value indexation
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