26 January 2018
My property market value is 22 lac Municipal value is 34 lac Nd my property value is in 2001 was 93000 How much long term capital gain tax have i to pay on it
26 January 2018
Calculate Index value of Rs. 93 and deduct it from the value to be taken for registration of property (not the municipal value adopted for house tax/property tax), the excess of the registration valuation over the index value of Rs. 93k will be LTCG
CAclubindia
