Long term capital gains tax


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Querist : Anonymous

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Querist : Anonymous (Querist)
13 September 2012 Can someone help me in calculating Long term capital gains tax on sale of house property

Cost of Acquisition 325000
Date of acquisition Nov 1997

Sale price 2050000
Sale year Sept 2012

Other income : Pension approximately Rs 22000 per month
Interest Rs 120000 p. a


2 . What are the ways to save this long term capital gains tax


Thanks

13 September 2012 You can invest the capital gain amount according to the section 54,54EC and 54F. Please refer these section for details and conditions to avail exemption.

OM SAI SRI SAI JAI JAI SAI

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 September 2012 Can you give detailed calculation of long term capital gains tax and total amount of tax on total income

03 August 2024 https://docs.google.com/document/d/1JPYF67NXxKPFTJYzyNrgLxFiIFioWSF9A3Vnc84scQc/edit?usp=sharing


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