Property sale as "been kheti"
This query is : Resolved
harshit darji
(Querist)
01 May 2018
i sold my property(plot) on 20 lacs to builder so what will be the tax circumstances ?
CA PARAS BAFNA
(Expert)
02 May 2018
You are liable to pay capital gains tax and you may get benefit of indexation provided the land purchased by you is held by you for more than 3 years.
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