Long Term Capital gain for sale of commercial land
This query is : Resolved
17 July 2020
A piece of land was purchased in the year 1966 and sold in 2019-2020. What is the percentage of Capital gain with indexation and without indexation. The capital gain comes more than one lac.
G.Senthilkumar
G.Senthilkumar
17 July 2020
With out indexation is not permitted for land. With indexation tax rate is 20%.
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