Sales of residential apartments flat capital gains applicable
This query is : Resolved
Kollipara Sundaraiah
(Querist)
12 September 2022
Sir,
It assessess sales of residential apartments flat value rs:16 lacs dt:20-09-21( f.y.21-22)after new house construction strated dt:01-10-21 to 31-03-22 value rs:15 lacs.assessee sales of residential apartments flat purchase value rs:12 lacs in f.y.12-13 year.
Question:
Assessess capital gains tax applicable in f.y.21-22
It assessess sales of residential apartments flat value rs:16 lacs dt:20-09-21( f.y.21-22)after new house construction strated dt:01-10-21 to 31-03-22 value rs:15 lacs.assessee sales of residential apartments flat purchase value rs:12 lacs in f.y.12-13 year.
Question:
Assessess capital gains tax applicable in f.y.21-22
Dhirajlal Rambhia
(Expert)
12 September 2022
No capital gain as the Indexed coat of the flat sold is more than sale value...
So, no LTCG tax....
So, no LTCG tax....
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